AMSWA - American Software CFO Awarded $1.72M Worth of Stock Options | Benzinga
Vincent C Klinges, CFO at American Software (NASDAQ:AMSWA), reported a large acquisition of company stock options on September 28, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Klinges, CFO at American Software, a company in the Information Technology sector, was just awarded stock options worth 150,000 shares of AMSWA. The options give Klinges the right to buy the company's stock at $11.4 per share.
American Software shares are trading down 0.0% at $11.48 at the time of this writing on Friday morning. Since the current price is $11.48, this makes Klinges's 150,000 shares worth $1,722,000.