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ASURE SOFTWARE INC Director's Dealing 2011

Jun 15, 2011

33594_dirs_2011-06-15_21663d74-3a23-4bc8-9aa1-854bf9c11267.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASURE SOFTWARE INC (ASUR)
CIK: 0000884144
Period of Report: 2011-06-13

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-06-13 Asure Software, Inc. Common Stock ($0.01 par value) P 2656 $2.92 Acquired 102108 Direct
2011-06-14 Asure Software, Inc. Common Stock ($0.01 par value) P 3450 $3 Acquired 105558 Direct
2011-06-14 Asure Software, Inc. Common Stock ($0.01 par value) P 1071 $2.95 Acquired 106629 Direct
2011-06-14 Asure Software, Inc. Common Stock ($0.01 par value) P 569 $3 Acquired 107198 Direct
2011-06-14 Asure Software, Inc. Common Stock ($0.01 par value) P 409 $2.92 Acquired 107607 Direct
2011-06-15 Asure Software, Inc. Common Stock ($0.01 par value) P 1900 $3 Acquired 109507 Direct
2011-06-15 Asure Software, Inc. Common Stock ($0.01 par value) P 90 $3 Acquired 109597 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Employee Stock Option (right to buy) $3.5 2019-09-21 Asure Software, Inc. Common Stock ($0.01 par value) (77627) 77627 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 Board of Directors is currently reviewing mr. Goepel's compensation agreement. Updates aer expected and appropriate filings (8-K and form 4) will be made on a timely basis thereafter.