SEC Form 4 · accession 0001562180-18-001630
AMERICAN SOFTWARE INC · AMSWA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vincent C Klinges
Officer — CFO
Period of report
Mar 13, 2018
Accepted (ET)
Mar 14, 2018 · 3:29 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 | Mar 13, 2018 | M | 4,300 | $8.97 | A | 101,138 | D | |
| Common Stock | Mar 13, 2018 | S | 4,300 | $13.4437 | D | 96,838 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF3 | $8.97 | Mar 13, 2018 | M | 4,300 | D | Jul 11, 2014 | Jul 11, 2019 | Common Stock | 4,300 | 16,800 | D |
Explanation of responses
- F1On March 13, 2018, the Reporting Person converted 4,300 options into an equal number of shares of Class A Common Stock.
- F2On March 13, 2018, the Reporting Person sold 4300 shares of Class A Common stock.
- F3Vests 10,000 share(s) on 11-Jul-2014, 10,000 share(s) on 11-Jul-2015, 10,000 share(s) on 11-Jul-2016, 10,000 share(s) on 11-Jul-2017, 10,000 share(s) on 11-Jul-2018