SEC Form 4 · accession 0001562180-19-001495
AMERICAN SOFTWARE INC · AMSWA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J Michael Edenfield
Director
Period of report
Feb 28, 2019
Accepted (ET)
Mar 1, 2019 · 12:01 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 | Feb 28, 2019 | M | 5,024 | $8.81 | A | 420,747 | D | |
| Common Stock | Feb 28, 2019 | S | 5,024 | $11.59 | 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 OptionF3 | $8.81 | Feb 28, 2019 | M | 5,024 | D | — | May 28, 2021 | Common Stock | 5,024 | 9,167 | D |
Explanation of responses
- F1On February 28, 2019, the Reporting Person converted 5,024 options into an equal number of shares of Class A Common Stock.
- F2On February 28, 2019, the Reporting Person sold 5,024 shares of Class A Common stock.
- F3Vests 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