SEC Form 4 · accession 0001562180-17-003982
AMERICAN SOFTWARE INC · AMSWA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bryan L. Sell
Other
Period of report
Dec 19, 2017
Accepted (ET)
Dec 21, 2017 · 2:27 pm 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 19, 2017 | M | 4,000 | $9.33 | A | 4,000 | D | |
| Common Stock | Dec 19, 2017 | M | 4,000 | $8.00 | A | 8,000 | D | |
| Common Stock | Dec 19, 2017 | S | 4,000 | $11.692 | D | 4,000 | D | |
| Common Stock | Dec 19, 2017 | S | 4,000 | $11.692 | 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 OptionF4 | $9.33 | Dec 19, 2017 | M | 4,000 | D | Aug 18, 2016 | Aug 18, 2021 | Common Stock | 4,000 | 2,000 | D |
| Stock OptionF5 | $8.00 | Dec 19, 2017 | M | 4,000 | D | Sep 5, 2014 | Sep 5, 2019 | Common Stock | 4,000 | 0 | D |
Explanation of responses
- F1On December 19, 2017, the Reporting Person converted 4,000 options into an equal number of shares of Class A Common Stock.
- F2On December 19, 2017, the Reporting Person converted 4,000 options into an equal number of shares of Class A Common Stock.
- F3On December 19, 2017, the Reporting Person sold 4,000 shares of Class A Common stock.
- F4Vests 3,000 share(s) on 18-Aug-2016, 3,000 share(s) on 18-Aug-2017, 3,000 share(s) on 18-Aug-2018, 3,000 share(s) on 18-Aug-2019, 3,000 share(s) on 18-Aug-2020
- F5Vests 4,000 share(s) on 05-Sep-2014, 4,000 share(s) on 05-Sep-2015, 4,000 share(s) on 05-Sep-2016, 4,000 share(s) on 05-Sep-2017, 4,000 share(s) on 05-Sep-2018