SEC Form 4 · accession 0001562180-18-003106
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
Jun 26, 2018
Accepted (ET)
Jun 28, 2018 · 10:24 am 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 | Jun 26, 2018 | M | 1,000 | $8.75 | A | 1,000 | D | |
| Common Stock | Jun 26, 2018 | S | 1,000 | $15.164 | 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 | $8.75 | Jun 26, 2018 | M | 1,000 | D | Oct 31, 2014 | Oct 31, 2019 | Common Stock | 1,000 | 2,000 | D |
Explanation of responses
- F1On June 26,2018, the Reporting Person converted 1,000 options into an equal number of shares of Class A Common Stock.
- F2On June 28, 2018, the Reporting Person sold 1,000 shares of Class A Common stock.
- F3On June 26, 2018, the Reporting Person converted 2,396 options into an equal number of shares of Class A Common Stock.