SEC Form 4 · accession 0001562180-16-003866
AMERICAN SOFTWARE INC · AMSWA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vincent C Klinges
Officer — CFO
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 | 200 | $8.12 | A | 96,432 | D | |
| Common StockF2 | Dec 19, 2016 | S | 200 | $10.99 | D | 96,232 | D | |
| Common Stock | Dec 20, 2016 | M | 100 | $8.12 | A | 96,332 | D | |
| Common StockF2 | Dec 20, 2016 | S | 100 | $10.98 | D | 96,232 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF4 | $8.12 | Dec 19, 2016 | M | 200 | D | — | Jun 29, 2017 | Common Stock | 200 | 706 | D |
| Stock OptionF4 | $8.12 | Dec 20, 2016 | M | 100 | D | — | Jun 29, 2017 | Common Stock | 100 | 606 | D |
Explanation of responses
- F1On December 19, 2016, the Reporting Person converted 200 options into an equal number of shares of Class A Common Stock.
- F2The 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.
- F3On December 20, 2016, the Reporting Person converted 100 options into an equal number of shares of Class A Common Stock.
- F4Vests 10,000 share(s) on 29-Jun-2012, 10,000 share(s) on 29-Jun-2013, 10,000 share(s) on 29-Jun-2014, 10,000 share(s) on 29-Jun-2015, 10,000 share(s) on 29-Jun-2016