| INSIDER TRANSACTIONS REPORTED - LAST TWO YEARS |
| Date | Insider | Shares | Type | Transaction | Value* | | 9-Jul-09 | NEWBERRY THOMAS L Beneficial Owner (10% or more) | 437,729 | Indirect | Purchase at $7.02 per share. | $3,072,857 | | 9-Jul-09 | EDENFIELD JAMES C Director | 437,729 | Indirect | Purchase at $7.02 per share. | $3,072,857 | | 9-Jul-09 | AMERICAN SOFTWARE INC Beneficial Owner (10% or more) | 437,729 | Direct | Purchase at $7.02 per share. | $3,072,857 | | 30-Jun-09 | EDENFIELD J MICHAEL Officer | 50,000 | Direct | Option Exercise at $2.55 - $4 per share. | N/A | | 30-Jun-09 | EDENFIELD J MICHAEL Officer | 101,500 | Direct | Sale at $7.02 per share. | $712,530 | | 30-Jun-09 | DOW H ALLAN Officer | 85,000 | Direct | Option Exercise at $2.55 - $4 per share. | N/A | | 30-Jun-09 | DOW H ALLAN Officer | 126,221 | Direct | Sale at $7.02 per share. | $886,071 | | 30-Jun-09 | COOPER FREDERICK E Director | 3,000 | Direct | Option Exercise at $2.88 - $4.44 per share. | N/A | | 30-Jun-09 | COOPER FREDERICK E Director | 3,000 | Direct | Sale at $7.02 per share. | $21,060 | | 30-Jun-09 | WHITE JOHN A Director | 6,000 | Direct | Option Exercise at $4.28 - $5.3 per share. | N/A | | 30-Jun-09 | WHITE JOHN A Director | 10,000 | Direct | Option Exercise at $2.10 - $4.94 per share. | N/A | | 30-Jun-09 | WHITE JOHN A Director | 10,000 | Direct | Option Exercise at $2.28 - $4.13 per share. | N/A | | 30-Jun-09 | WHITE JOHN A Director | 30,500 | Direct | Sale at $7.02 per share. | $214,110 | | 30-Jun-09 | NEWBERRY THOMAS L Beneficial Owner (10% or more) | 1,134,570 | Indirect | Purchase at $7.02 per share. | $7,964,681 | | 30-Jun-09 | EDENFIELD JAMES C Director | 1,134,570 | Indirect | Purchase at $7.02 per share. | $7,964,681 | | 30-Jun-09 | AMERICAN SOFTWARE INC Beneficial Owner (10% or more) | 1,134,570 | Direct | Purchase at $7.02 per share. | $7,964,681 | | 30-Jun-09 | THOMAS DONALD L Officer | 5,000 | Direct | Option Exercise at $3.30 per share. | $16,500 | | 30-Jun-09 | THOMAS DONALD L Officer | 8,200 | Direct | Sale at $7.02 per share. | $57,564 | | 30-Jun-09 | PETIT PARKER H Director | 7,000 | Direct | Option Exercise at $4.28 - $6.74 per share. | N/A | | 30-Jun-09 | PETIT PARKER H Director | 10,000 | Direct | Option Exercise at $2.10 - $4.94 per share. | N/A | | 30-Jun-09 | PETIT PARKER H Director | 10,000 | Direct | Option Exercise at $2.28 - $4.13 per share. | N/A | | 30-Jun-09 | PETIT PARKER H Director | 29,000 | Direct | Sale at $5.30 - $7.02 per share. | N/A | | 10-Jun-09 | THOMAS DONALD L Officer | 3,200 | Direct | Option Exercise at $4.50 per share. | $14,400 | | 30-Apr-09 | PETIT PARKER H Director | 1,000 | Direct | Option Exercise at $4.06 per share. | $4,059 | | 28-Apr-09 | WHITE JOHN A Director | 1,000 | Direct | Option Exercise at $4.06 per share. | $4,059 | | 15-Sep-08 | WHITE JOHN A Director | 1,000 | Direct | Option Exercise at $4.63 per share. | $4,630 | | 30-Jun-08 | DOW H ALLAN Officer | 2,500 | Direct | Sale at $7.58 per share. | $18,950 | | 24-Jun-08 | DOW H ALLAN Officer | 5,000 | Direct | Sale at $7.40 - $7.6 per share. | $38,0002 | | 31-Dec-07 | WHITE JOHN A Director | 1,000 | Direct | Sale at $12.66 - $12.76 per share. | $13,0002 | | 27-Dec-07 | WHITE JOHN A Director | 1,000 | Direct | Acquisition (Non Open Market) at $13.27 per share. | $13,270 |
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* = Where indicated, some values are estimates. 1 = Potential proceeds estimated by the filer. 2 = Estimated based on the average of multiple prices reported. 3 = Multiple dates reported. Most recent date shown. |
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