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ASURE SOFTWARE INC Director's Dealing 2012

Aug 9, 2012

33594_dirs_2012-08-09_94272424-5ae1-4deb-af3a-0273360bfae1.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: 2012-08-09

Reporting Person: Waterfield John Randall (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-08-09 Asure Software Inc ($0.01 par value) P 41700 $5.75 Disposed 46350 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Asure Software Inc. Common Stock (right to buy) $2.333 2016-09-30 Asure Software Inc. (par value $0.01) (5625) 5625 Direct

Footnotes

F1: Such options shall vest over a 2 year period such that 1/4 of the options shall vest 6 months following the date of issuance and an additional 1/4 of the options shall vest every 6 months thereafter.

F2: This purchase was completed via a private transaction with a sophisticated seller and was transacted pursuant to a "big boy" letter.