SEC Form 4 · accession 0001562180-18-003898
AMERICAN SOFTWARE INC · AMSWA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J Michael Edenfield
Director
Period of report
Sep 10, 2018
Accepted (ET)
Sep 11, 2018 · 2:25 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 | Sep 10, 2018 | M | 13,700 | $8.97 | A | 429,423 | D | |
| Common Stock | Sep 10, 2018 | S | 13,700 | $13.70 | 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 Option | $8.97 | Sep 10, 2018 | M | 13,700 | D | Jul 11, 2014 | Jul 11, 2019 | Common Stock | 13,700 | 10,300 | D |
Explanation of responses
- F1On September 10, 2016, the Reporting Person converted 13,700 options into an equal number of shares of Class A Common Stock.
- F2On September 10, 2018, the Reporting Person sold 13,700 shares of Class A Common stock.
- F3On September 10, 2018, the Reporting Person converted 13,700 options into an equal number of shares of Class A Common Stock.