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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
713425	American Software Inc	AMSWA	Services-Prepackaged Software (7372)	581098795

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1123385	C James Edenfield	470 East Paces Ferry Road Atlanta GA 30305	President And Ceo	No	Yes	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2012-01-03	10,000	$5.97	70,000	No	4	C	Direct
Class A Common Stock	Disposition	2012-01-03	10,000	$9.59	60,000	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Options to Acquire Class A Common Stock	Disposition	2012-01-03	10,000	$5.97	10,000	$5.97

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
20,000	2007-07-17	2012-07-17	No	4	C	Direct

Footnotes

60,000 shares held by James C. and Norma T. Edenfield Foundation.
On January 3, 2012, the Reporting Person converted 10,000 options into an equal number of shares of Class A Common Stock.
The sales reported in this Form 4 were made pursuant to a Rule 10b5-1 plan adopted by the Reporting Person.
Represents the weighted average sales price for price increments ranging from $9.55 to $9.64.
The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or 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.