SEC Form 4 · accession 0001562180-18-004992
AMERICAN SOFTWARE INC · AMSWA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
H Allan Dow
Officer — President
Period of report
Dec 17, 2018
Accepted (ET)
Dec 18, 2018 · 12:37 pm 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 17, 2018 | M | 68,194 | $7.96 | A | 124,348 | D | |
| Common Stock | Dec 17, 2018 | S | 68,194 | $9.8399 | D | 56,154 | 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 | $7.96 | Dec 17, 2018 | M | 68,194 | D | Dec 19, 2013 | Dec 19, 2018 | Common Stock | 68,194 | 0 | D |
Explanation of responses
- F1On December 17, 2018, the Reporting Person converted 68,194 options into an equal number of shares of Class A Common Stock.
- F2On December 17, 2018, the Reporting Person sold 68,194 shares of Class A Common stock.
- F3On December 17,2018, the Reporting Person converted 68,194 options into an equal number of shares of Class A Common Stock.
- F4Vests 14,000 share(s) on 19-Dec-2013, 14,000 share(s) on 19-Dec-2014, 14,000 share(s) on 19-Dec-2015, 14,000 share(s) on 19-Dec-2016, 14,000 share(s) on 19-Dec-2017