Form Type: 4

SEC EDGAR Link
Acccession Number:0001562180-19-004757
Date:2019-09-10
Issuer: AMERICAN SOFTWARE INC (AMSWA)
Original Submission Date:

Reporting Person:

EDENFIELD J MICHAEL
470 EAST PACES FERRY RD
ATLANTA, GA 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 2019-09-10 M 29,514 a $10.01 445,237 direct
COMMON STOCK 2019-09-10 S 29,514 d $15.01 415,723 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 10.01 2019-09-10 deemed execution date M 29,514 (d) 2022-06-20 common stock 29,514 $10.01 52,521 direct
Footnotes
IDfootnote
f1 on september 10, 2019, the reporting person converted 29,514 options into an equal number of shares of class a common stock.
f2 on september 10, 2019, the reporting person sold 29,514 shares of class a common stock.
f3 employees: 5 year vesting, 20 percent per year and expires in 6th year beginning on 20-jun-2016

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