ASURE SOFTWARE INC — Director's Dealing 2012

Apr 6, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASURE SOFTWARE INC (ASUR)
CIK: 0000884144
Period of Report: 2012-03-15

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-15	Asure Software, Inc. Common Stok ($0.01 par value)	C	40000	$5	Acquired	149597	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Asure Software, Inc. Common Stock (Right to Buy)	$3.5		Asure Software, Inc. Common Stok ($0.01 par value) (150000)	150000	Direct

Footnotes

F1: For 35,000 options: 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.
For 115,000 options: Such options 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.

F2: For 35,000 Options: 9/21/2019
For 115,000 Options: 12/31/2019