SEC Form 4 · accession 0001562180-17-002874
AMERICAN SOFTWARE INC · AMSWA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
H Allan Dow
Officer — President
Period of report
Sep 6, 2017
Accepted (ET)
Sep 7, 2017 · 1:57 pm EDT
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 | Sep 6, 2017 | C | 3,282 | $8.18 | A | 3,282 | D | |
| Common Stock | Sep 6, 2017 | S | 3,282 | $11.0509 | 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 OptionF2 | $8.18 | Sep 6, 2017 | C | 3,282 | D | Nov 21, 2012 | Nov 21, 2017 | Common Stock | 3,282 | 52,734 | D |
Explanation of responses
- F1On September 7, 2017, the Reporting Person converted 3,282 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.