SEC Form 4 · accession 0001562180-17-003352
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
Oct 27, 2017
Accepted (ET)
Oct 30, 2017 · 3:08 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 | Oct 27, 2017 | M | 10,000 | $8.18 | A | 56,154 | 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 | Oct 27, 2017 | M | 10,000 | D | — | Nov 21, 2017 | Common Stock | 10,000 | 0 | D |
Explanation of responses
- F1On October 27, 2017, the Reporting Person converted 10,000 options into an equal number of shares of Class A Common Stock.
- F2Vests 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