SEC Form 4 · accession 0001562180-18-004899
AMERICAN SOFTWARE INC · AMSWA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James C Edenfield
Officer — Executive Chairman
Period of report
Dec 10, 2018
Accepted (ET)
Dec 11, 2018 · 11:39 am EST
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 | Dec 10, 2018 | M | 2,800 | $8.97 | A | 62,800 | D | |
| Common Stock | Dec 10, 2018 | S | 2,800 | $10.61 | D | 60,000 | 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 | Dec 10, 2018 | M | 2,800 | D | Jul 11, 2014 | Jul 11, 2019 | Common Stock | 2,800 | 9,200 | D |
Explanation of responses
- F1On December 10, 2018, the Reporting Person converted 2,800 options into an equal number of shares of Class A Common Stock.
- F2On December 10, 2018, the Reporting Person sold 2,800 shares of Class A Common stock.
- F3On December 10, 2018, the Reporting Person converted 2,800 options into an equal number of shares of Class A Common Stock.