SEC Form 4 · accession 0001562180-16-003865
AMERICAN SOFTWARE INC · AMSWA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas L Newberry V
Director
Period of report
Dec 19, 2016
Accepted (ET)
Dec 21, 2016 · 3:51 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000713425
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 19, 2016 | M | 3,000 | $8.56 | A | 3,000 | D | |
| Common Stock | Dec 19, 2016 | M | 88 | $8.28 | A | 3,088 | D | |
| Common Stock | Dec 19, 2016 | M | 3,000 | $7.82 | A | 6,088 | D | |
| Common StockF3 | Dec 19, 2016 | S | 3,000 | $10.9141 | D | 3,088 | D | |
| Common StockF3 | Dec 19, 2016 | S | 88 | $11.00 | D | 3,000 | D | |
| Common StockF3 | Dec 19, 2016 | S | 3,000 | $10.9141 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option | $8.56 | Dec 19, 2016 | M | 3,000 | D | Jul 29, 2012 | Jul 29, 2017 | Common Stock | 3,000 | 0 | D |
| Stock Option | $8.28 | Dec 19, 2016 | M | 88 | D | Apr 30, 2013 | Apr 30, 2018 | Common Stock | 88 | 2,912 | D |
| Stock Option | $7.82 | Dec 19, 2016 | M | 3,000 | D | Oct 31, 2012 | Oct 31, 2017 | Common Stock | 3,000 | 0 | D |
Explanation of responses
- F1On December 19, 2016, the Reporting Person converted 3,000 options into an equal number of shares of Class A Common Stock.
- F2On December 19, 2016, the Reporting Person converted 88 options into an equal number of shares of Class A Common Stock.
- F3The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price for all transactions reported on this Form 4.