SEC Form 4 · accession 0001562180-18-001633
AMERICAN SOFTWARE INC · AMSWA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J Michael Edenfield
Director
Period of report
Mar 13, 2018
Accepted (ET)
Mar 14, 2018 · 3:38 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 | 5,900 | $9.67 | A | 421,653 | D | |
| Common Stock | Mar 13, 2018 | S | 5,900 | $13.48 | D | 415,753 | 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 | $9.67 | Mar 13, 2018 | M | 5,900 | D | Jul 14, 2015 | Jul 14, 2020 | Common Stock | 5,900 | 54,916 | D |
Explanation of responses
- F1On March 13, 2018, the Reporting Person converted 5,900 options into an equal number of shares of Class A Common Stock.
- F2On March 13, 2018, the Reporting Person sold 5,900 shares of Class A Common stock.
- F3Vests 28,000 share(s) on 14-Jul-2015, 28,000 share(s) on 14-Jul-2016, 28,000 share(s) on 14-Jul-2017, 28,000 share(s) on 14-Jul-2018, 28,000 share(s) on 14-Jul-2019