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ASURE SOFTWARE INC — Director's Dealing 2011
Jan 13, 2011
33594_dirs_2011-01-13_4bbf8cdd-6696-4df8-904c-32175027cd3a.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: 2011-01-12
Reporting Person: Scoglio David Michael (Chief Financial Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-01-12 | Employee Stock Option, (right to buy) | $3.5 | A | 32000 | Acquired | 2016-01-12 | Asure Software, Inc. Common Stock (32000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Asure Software, Inc. Common Stock | 7913 | Direct |
Footnotes
F1: These options shall vest 25% after twelve months and another 25% every 12 months thereafter. They have a term of 5 years.
F2: The exercise price is $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. They have a term of 10 years.
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