Form Type: 4

SEC EDGAR Link
Accession Number:0001562180-19-006189
Date:2019-12-18
Issuer: AMERICAN SOFTWARE INC (AMSWA)
Original Submission Date:

Reporting Person:

DOW H ALLAN
470 EAST PACES FERRY ROAD
ATLANTA, 2Q 30305

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2019-12-18 M 7,421 a $9.79 63,575 direct
COMMON STOCK 2019-12-18 S 7,421 d $15.13 56,154 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
STOCK OPTION 9.79 2019-12-18 deemed execution date M 7,421 (d) 2019-12-19 common stock 7,421 $9.79 5,161 direct
Footnotes
IDfootnote
f1 on december 18, 2019, the reporting person converted 7,421 options into an equal number of shares of class a common stock.
f2 on december 18, 2019, the reporting person sold 7,421 shares of class a common stock.
f3 vests 10,000 share(s) on 19-dec-2014, 10,000 share(s) on 19-dec-2015, 10,000 share(s) on 19-dec-2016, 10,000 share(s) on 19-dec-2017, 10,000 share(s) on 19-dec-2018
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