SEC Form 4 · accession 0001562180-18-001473
AMERICAN SOFTWARE INC · AMSWA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James R McGuone
Officer — Secretary
Period of report
Mar 5, 2018
Accepted (ET)
Mar 6, 2018 · 11:57 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 | Mar 5, 2018 | M | 7,200 | $9.67 | A | 7,200 | D | |
| Common Stock | Mar 5, 2018 | S | 7,200 | $12.82 | 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 | $9.67 | Mar 5, 2018 | M | 7,200 | D | Jul 14, 2015 | Jul 14, 2020 | Common Stock | 7,200 | 6,000 | D |
Explanation of responses
- F1On March 5, 2018, the Reporting Person converted 7,200 options into an equal number of shares of Class A Common Stock.
- F2On March 5, 2018, the Reporting Person sold 7,200 shares of Class A Common stock.