SEC Form 4 · accession 0001562180-17-004054
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 28, 2017
Accepted (ET)
Dec 29, 2017 · 5:27 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 28, 2017 | M | 72 | $8.29 | A | 72 | D | |
| Common Stock | Dec 28, 2017 | S | 72 | $12.00 | 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 | $8.29 | Dec 28, 2017 | M | 72 | D | Jan 30, 2016 | Jan 30, 2021 | Common Stock | 72 | 1,401 | D |
Explanation of responses
- F1On December 28, 2017, the Reporting Person converted 72 options into an equal number of shares of Class A Common Stock.
- F2On December 28, 2017, the Reporting Person sold 72 shares of Class A Common stock.