SEC Form 4 · accession 0001562180-19-001758
AMERICAN SOFTWARE INC · AMSWA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James R McGuone
Officer — Secretary
Period of report
Mar 5, 2019
Accepted (ET)
Mar 6, 2019 · 1:40 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 | Mar 5, 2019 | M | 4,800 | $8.81 | A | 4,800 | D | |
| Common Stock | Mar 5, 2019 | M | 4,000 | $8.97 | A | 8,800 | D | |
| Common Stock | Mar 5, 2019 | S | 4,000 | $11.6374 | D | 4,800 | D | |
| Common Stock | Mar 5, 2019 | S | 4,800 | $11.6374 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF5 | $8.97 | Mar 5, 2019 | M | 4,000 | D | — | Jul 11, 2019 | Common Stock | 4,000 | 4,000 | D |
| Stock OptionF6 | $8.81 | Mar 5, 2019 | M | 4,800 | D | — | May 28, 2021 | Common Stock | 4,800 | 9,600 | D |
Explanation of responses
- F1On March 5, 2019, the Reporting Person converted 4,800 options into an equal number of shares of Class A Common Stock.
- F2On March 5, 2019, the Reporting Person converted 4,000 options into an equal number of shares of Class A Common Stock.
- F3On March 5, 2019, the Reporting Person sold 4,000 shares of Class A Common stock.
- F4On March 5, 2019, the Reporting Person sold 4,800 shares of Class A Common stock.
- F5Vests 4,000 share(s) on 11-Jul-2014, 4,000 share(s) on 11-Jul-2015, 4,000 share(s) on 11-Jul-2016, 4,000 share(s) on 11-Jul-2017, 4,000 share(s) on 11-Jul-2018
- F6Vests 4,800 share(s) on 28-May-2016, 4,800 share(s) on 28-May-2017, 4,800 share(s) on 28-May-2018, 4,800 share(s) on 28-May-2019, 4,800 share(s) on 28-May-2020