ASURE SOFTWARE INC — Director's Dealing 2006

Jan 10, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FORGENT NETWORKS INC (FORG)
CIK: 0000884144
Period of Report: 2006-01-06

Reporting Person: PETERSON JAY (VP Finance & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-01-06	Common Stock	M	2500	$1.29	Acquired	40067	Direct
2006-01-06	Common Stock	M	24825	$1.42	Acquired	64892	Direct
2006-01-06	Common Stock	D	6550	$2.74	Disposed	58342	Direct
2006-01-06	Common Stock	D	20775	$2.70	Disposed	37567	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-01-06	Employee Stock Option (Right to Buy)	$1.29	M	2500	Disposed	2011-05-01	Common Stock (2500)	Direct
2006-01-06	Employee Stock Option (Right to Buy)	$1.42	M	2500	Disposed	2007-05-27	Common Stock (2500)	Direct
2006-01-06	Employee Stock Option (Right to Buy)	$1.42	M	625	Disposed	2007-05-27	Common Stock (625)	Direct
2006-01-06	Employee Stock Option (Right to Buy)	$1.42	M	7000	Disposed	2007-05-27	Common Stock (7000)	Direct
2006-01-06	Employee Stock Option (Right to Buy)	$1.42	M	700	Disposed	2009-01-21	Common Stock (700)	Direct
2006-01-06	Employee Stock Option (Right to Buy)	$1.42	M	4000	Disposed	2009-06-11	Common Stock (4000)	Direct
2006-01-06	Employee Stock Option (Right to Buy)	$1.42	M	10000	Disposed	2010-02-08	Common Stock (10000)	Direct

Footnotes

F1: Includes 2,471 shares acquired under the Forgent Networks, Inc. Employee Stock Purchase Plan on December 31, 2005.