ASURE SOFTWARE INC — Director's Dealing 2011

Aug 24, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASURE SOFTWARE INC (ASUR)
CIK: 0000884144
Period of Report: 2011-08-15

Reporting Person: Goepel Patrick (Director, Chief Executive Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-08-15	Asure Software, Inc. Common Stock (Right to Buy)	$3.5	J	42627	Disposed	2019-09-21	Asure Software, Inc. Common Stok ($0.01 par value) (42627)	Direct
2011-08-15	Asure Software, Inc. Common Stock (right to buy)	$3.5	P	115000	Acquired	2019-12-31	Asure Software, Inc. Common Stock ($0.01 par value) (115000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Asure Software, Inc. Common Stock ($0.01 par value)	109597	Direct

Footnotes

F1: 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 three (3) months thereafter.

F2: The stock option will vest as follows: 1/14th (or 8,214 shares) of the total shares will vest each calendar quarter beginning September 30, 2011 through September 30, 2014, and the remaining 8,218 shares will vest on December 31, 2014.