SEC Form 4 · accession 0001562180-18-001736
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 21, 2018
Accepted (ET)
Mar 29, 2018 · 4:19 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 21, 2018 | M | 21,755 | $9.67 | A | 437,508 | D | |
| Common Stock | Mar 21, 2018 | S | 21,755 | $12.83 | D | 415,753 | D | |
| Common Stock | Mar 27, 2018 | M | 200 | $9.67 | A | 415,953 | D | |
| Common Stock | Mar 27, 2018 | S | 200 | $12.75 | D | 415,753 | D | |
| Common Stock | Mar 28, 2018 | M | 7,256 | $9.67 | A | 422,979 | D | |
| Common Stock | Mar 28, 2018 | S | 7,256 | $12.52 | D | 415,723 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF8 | $9.67 | Mar 21, 2018 | M | 21,755 | D | Jul 14, 2015 | Jul 14, 2020 | Common Stock | 21,755 | 7,456 | D |
| Stock OptionF8 | $9.67 | Mar 27, 2018 | M | 200 | D | Jul 14, 2015 | Jul 14, 2020 | Common Stock | 200 | 7,256 | D |
| Stock OptionF8 | $9.67 | Mar 28, 2018 | M | 7,256 | D | Jul 14, 2015 | Jul 14, 2020 | Common Stock | 7,256 | 0 | D |
Explanation of responses
- F1On March 21, 2018, the Reporting Person converted 21,755 options into an equal number of shares of Class A Common Stock.
- F10On March 28, 2016, the Reporting Person converted 7,256 options into an equal number of shares of Class A Common Stock.
- F2On March 21, 2018, the Reporting Person sold 21.755 shares of Class A Common stock.
- F3On March 27, 2018, the Reporting Person converted 200 options into an equal number of shares of Class A Common Stock.
- F4On March 28, 2018, the Reporting Person sold 200 shares of Class A Common stock.
- F5On March 28, 2018, the Reporting Person converted 7,256 options into an equal number of shares of Class A Common Stock.
- F6On March 28, 2018, the Reporting Person sold 7,256 shares of Class A Common stock.
- F7On March 21, 2018 the Reporting Person converted 21,755 options into an equal number of shares of Class A Common Stock.
- F8Vests 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
- F9On March 27, 2018 Reporting Person converted 200 options into an equal number of shares of Class A Common Stock.