ASURE SOFTWARE INC — Director's Dealing 2005

Feb 11, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORGENT NETWORKS INC (FORG)
CIK: 0000884144
Period of Report: 2005-02-09

Reporting Person: PETERSON JAY (VP Finance & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-02-09	Common Stock	M	14167	$1.29	Acquired	40496	Direct
2005-02-09	Common Stock	F	6458	$2.83	Disposed	35096	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-02-09	Employee Stock Option (Right to Buy)	$1.29	M	14167	Disposed	2001-05-11	Common Stock (14167)	Direct

Footnotes

F1: Includes 1,058 shares acquired under the Forgent Networks, Inc. Employee Stock Purchase Plan on December 31, 2004.