SEC Form 4 · accession 0001562180-17-003898
AMERICAN SOFTWARE INC · AMSWA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas L Newberry V
Director
Period of report
Dec 14, 2017
Accepted (ET)
Dec 18, 2017 · 11:28 am 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 14, 2017 | M | 3,000 | $8.97 | A | 3,000 | D | |
| Common Stock | Dec 14, 2017 | M | 3,000 | $8.06 | A | 6,000 | D | |
| Common Stock | Dec 14, 2017 | M | 2,912 | $8.28 | A | 8,912 | D | |
| Common Stock | Dec 14, 2017 | M | 3,000 | $8.19 | A | 11,912 | D | |
| Common Stock | Dec 14, 2017 | S | 3,000 | $12.0099 | D | 8,912 | D | |
| Common Stock | Dec 14, 2017 | S | 2,912 | $12.0099 | D | 6,000 | D | |
| Common Stock | Dec 14, 2017 | S | 3,000 | $12.0099 | D | 3,000 | D | |
| Common Stock | Dec 14, 2017 | S | 3,000 | $12.0099 | 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 Option | $8.97 | Dec 14, 2017 | M | 3,000 | D | Jan 31, 2013 | Jan 31, 2018 | Common Stock | 3,000 | 0 | D |
| Stock Option | $8.28 | Dec 14, 2017 | M | 2,912 | D | Apr 30, 2013 | Apr 30, 2018 | Common Stock | 2,912 | 0 | D |
| Stock Option | $8.19 | Dec 14, 2017 | M | 3,000 | D | Oct 31, 2013 | Oct 31, 2018 | Common Stock | 3,000 | 0 | D |
| Stock Option | $8.06 | Dec 14, 2017 | M | 3,000 | D | Jul 31, 2013 | Jul 31, 2018 | Common Stock | 3,000 | 0 | D |
Explanation of responses
- F1On December 14, 2017, the Reporting Person converted 3000 options into an equal number of shares of Class A Common Stock.
- F2On December 14, 2017, the Reporting Person converted 3,000 options into an equal number of shares of Class A Common Stock.
- F3On December 14, 2017, the Reporting Person converted 2,912 options into an equal number of shares of Class A Common Stock.
- F4On December 14, 2017, the Reporting Person sold 3,000 shares of Class A Common stock.
- F5On December 14, 2017, the Reporting Person sold 2,912 shares of Class A Common stock.
- F6On December, 2017, the Reporting Person sold 3,000 shares of Class A Common stock.
- F7On December 14, 2017, the Reporting Person converted 3,000 options into an equal number of shares of Class A Common Stock.