ASURE SOFTWARE INC — Director's Dealing 2011

Oct 12, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASURE SOFTWARE INC (ASUR)
CIK: 0000884144
Period of Report: 2011-10-11

Reporting Person: Scoglio David Michael (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-10-11	Asure Software, Inc ($0.01 par value)	P	300	$3.39	Acquired	8213	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option, (right to buy)	$		Asure Software, Inc. ($0.01 par value) Common Stock (47000)	47000	Direct

Footnotes

F1: The Reporting Person disclaims beneficial ownership of all securities reported herein, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the shares for purposes of Section 16 of the Securities and Exchange Act of 1934 or for any other purpose.

F2: 15,000 options have a stike price at $2.52; 32,000 options have a strike price of $3.50

F3: The first 15000 options vest over a 3 year schedule with 1/3 vesting after the first year and each additional third vesting every 12 months thereafter. The second group of 32,000 options vest 25% after twelve months and another 25% every 12 months thereafter.

F4: 15,000 options have a term of 10 years; 32,000 options have a term of 5 years.