SEC Form 4 · accession 0001562180-16-003875
AMERICAN SOFTWARE INC · AMSWA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James R McGuone
Officer — Secretary
Period of report
Dec 20, 2016
Accepted (ET)
Dec 22, 2016 · 2:01 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 20, 2016 | M | 785 | $8.97 | A | 785 | D | |
| Common StockF2 | Dec 20, 2016 | S | 785 | $10.90 | 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 OptionF3 | $8.97 | Dec 20, 2016 | M | 785 | D | — | Jul 11, 2019 | Common Stock | 785 | 19,215 | D |
Explanation of responses
- F1On December 20, 2016, the Reporting Person converted 785 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.
- F3Vests 4,000 share(s) on 11-Jul-2014, 4,000 share(s) on 11-Jul-2015, 4,000 share(s) on 11-Jul-2016, 4,000 share(s) on 11-Jul-2017, 4,000 share(s) on 11-Jul-2018