Sec Form 4 Filing - NEWBERRY THOMAS L V @ AMERICAN SOFTWARE INC - 2013-12-16

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
NEWBERRY THOMAS L V
2. Issuer Name and Ticker or Trading Symbol
AMERICAN SOFTWARE INC [ AMSWA]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
470 EAST PACES FERRY ROAD
3. Date of Earliest Transaction (MM/DD/YY)
12/16/2013
(Street)
ATLANTA, GA30305
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 12/16/2013 C( 1 ) 3,000 A $ 9.29 3,000 D
Class A Common Stock 12/16/2013 C( 1 ) 3,000 A $ 6.16 6,000 D
Class A Common Stock 12/16/2013 C( 1 ) 286 A $ 5.55 6,286 D
Class A Common Stock 12/16/2013 S 6,286 D $ 10.0202 ( 2 ) ( 5 ) 0 D
Class A Common Stock 12/17/2013 C( 3 ) 2,714 A $ 5.55 2,714 D
Class A Common Stock 12/17/2013 C( 3 ) 3,000 A $ 5.48 5,714 D
Class A Common Stock 12/17/2013 C( 3 ) 3,000 A $ 6.39 8,714 D
Class A Common Stock 12/17/2013 C( 3 ) 2,492 A $ 6.04 11,206 D
Class A Common Stock 12/17/2013 S 11,206 D $ 9.9201 ( 4 ) ( 5 ) 0 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Options to Acquire Class A Common Stock $ 9.29 12/16/2013 C 3,000 01/31/2009 01/31/2014 Class A Common Stock 3,000 $ 9.29 0 D
Options to Acquire Class A Common Stock $ 6.16 12/16/2013 C 3,000 04/30/2009 04/30/2014 Class A Common Stock 3,000 $ 6.16 0 D
Options to Acquire Class A Common Stock $ 5.55 12/16/2013 C 286 04/30/2010 04/30/2015 Class A Common Stock 286 $ 5.55 2,714 D
Options to Acquire Class A Common Stock $ 5.55 12/17/2013 C 2,714 04/30/2010 04/30/2015 Class A Common Stock 2,714 $ 5.55 0 D
Options to Acquire Class A Common Stock $ 5.48 12/17/2013 C 3,000 01/29/2011 01/29/2016 Class A Common Stock 3,000 $ 5.48 0 D
Options to Acquire Class A Common Stock $ 6.39 12/17/2013 C 3,000 04/30/2011 04/30/2016 Class A Common Stock 3,000 $ 6.39 0 D
Options to Acquire Class A Common Stock $ 6.04 12/17/2013 C 2,492 10/29/2011 10/29/2016 Class A Common Stock 2,492 $ 6.04 508 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
NEWBERRY THOMAS L V
470 EAST PACES FERRY ROAD
ATLANTA, GA30305
X
Signatures
Thomas L. Newberry, V 12/16/2013
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On December 16, 2013, the Reporting Person converted a total of 6,286 options into an equal number of shares of Class A Common Stock.
( 2 )Represents the weighed average sales price for price increments ranging from $10.00 to $10.08.
( 3 )On December 17 2013, the Reporting Person converted a total of 11,206 options into an equal number of shares of Class A Common Stock.
( 4 )Represents the weighed average sales price for price increments ranging from $9.85 to $10.00.
( 5 )The Reporting Person undertakes to provide, upon request from the Securities and Exchange Commission staff, the Issuer, and a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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