SEC Form 4 · accession 0001562180-17-002993
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 19, 2017
Accepted (ET)
Sep 21, 2017 · 11:23 am 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 19, 2017 | M | 5,838 | $8.18 | A | 39,466 | D | |
| Common StockF2 | Sep 19, 2017 | S | 5,838 | $10.8596 | D | 33,628 | 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 | $8.18 | Sep 19, 2017 | M | 5,838 | D | Nov 21, 2011 | Nov 21, 2017 | Common Stock | 5,838 | 33,628 | D |
Explanation of responses
- F1On September 19, 2017, Reporting Person converted 5,838 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 September 19, 2017, the Reporting Person converted 5,838 options into an equal number of shares of Class A Common Stock.
- F4Vests 14,000 share(s) on 21-Nov-2012, 14,000 share(s) on 21-Nov-2013, 14,000 share(s) on 21-Nov-2014, 14,000 share(s) on 21-Nov-2015, 14,000 share(s) on 21-Nov-2016