ASURE SOFTWARE INC — Director's Dealing 2010

Dec 22, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASURE SOFTWARE INC (ASUR)
CIK: 0000884144
Period of Report: 2010-12-17

Reporting Person: Goepel Patrick (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-17	Asure Software, Inc. Common Stock ($0.01 par value)	P	2373	$2.7	Acquired	74157	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-12-17	Employee Stock Option (right to buy)	$3.5	J	2373	Disposed	2019-09-21	Asure Software, Inc. Common Stock ($0.01 par value) (2373)	Direct

Footnotes

F1: Pursuant to an agreement between Mr. Goepel and the Board of Directors of Asure Software, Inc., Mr. Goepel will forfeit options on a 1:1 basis, up to 40,000, for shares purchased on the open market.

F2: Such options shall vest over a 4 year period following issuance such that 25% of the shares shall vest on 9/15/2010 and an additional 6.25% shall vest each 3 months thereafter.