SEC Form 4 · accession 0001562180-17-003039
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
Sep 28, 2017
Accepted (ET)
Sep 29, 2017 · 1:17 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 28, 2017 | M | 4,873 | $8.57 | A | 101,711 | D | |
| Common StockF2 | Sep 28, 2017 | S | 4,873 | $11.2845 | D | 96,838 | 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 | $8.57 | Sep 28, 2017 | M | 4,873 | D | — | Jul 3, 2018 | Common Stock | 4,873 | 20,127 | D |
Explanation of responses
- F1On September 28, 2017, the Reporting Person converted 4,873 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 10,000 share(s) on 03-Jul-2013, 10,000 share(s) on 03-Jul-2014, 10,000 share(s) on 03-Jul-2015, 10,000 share(s) on 03-Jul-2016, 10,000 share(s) on 03-Jul-2017