SEC Form 4 · accession 0001562180-18-003118
AMERICAN SOFTWARE INC · AMSWA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J Michael Edenfield
Director
Period of report
Jun 28, 2018
Accepted (ET)
Jun 29, 2018 · 9:47 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 28, 2018 | M | 20,000 | $8.81 | A | 435,723 | D | |
| Common Stock | Jun 28, 2018 | S | 20,000 | $14.77 | 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 OptionF4 | $8.81 | Jun 28, 2018 | M | 20,000 | D | — | May 28, 2021 | Common Stock | 20,000 | 25,094 | D |
Explanation of responses
- F1On June 28, 2019, the Reporting Person converted 20,000 options into an equal number of shares of Class A Common Stock.
- F2On June 28, 2018, the Reporting Person sold 20,000 shares of Class A Common stock.
- F3On June 28, 2018, the Reporting Person converted 20,000 options into an equal number of shares of Class A Common Stock.
- F4Vests 30,000 share(s) on 28-May-2016, 30,000 share(s) on 28-May-2017, 30,000 share(s) on 28-May-2018, 30,000 share(s) on 28-May-2019, 30,000 share(s) on 28-May-2020