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ASURE SOFTWARE INC — Director's Dealing 2015
Apr 14, 2015
33594_dirs_2015-04-14_4dec2819-4b27-4e71-8aa1-efcbe0053504.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: ASURE SOFTWARE INC (ASUR)
CIK: 0000884144
Period of Report: 2015-03-31
Reporting Person: Kinney Michael Daniel (Vice President of Sales)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-03-31 | Employee Stock Options (Right to Buy) | $5.76 | A | 10000 | Acquired | 2020-03-31 | Common Stock ($0.01 par value) (10000) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Options (Right to Buy) | $2.33 | 2016-08-15 | Common Stock ($0.01 par value) (90000) | 90000 | Direct |
Footnotes
F1: Twenty-five percent (25%) of the shares subject to the option shall vest after 12 months. The remaining shares shall vest quarterly over the next 36 months in equal amounts.
F2: Such options shall vest over a 3 year period following issuance such that 1/3 of the shares shall vest on 3/31/2016 and an additional 8.33% shall vest each three (3) months thereafter.
F3: The purpose of this amendment is to correct the exercise price and the amount of shares previously reported. The original form reported 60,000 shares with an exercise price of $3.50, which did not reflect the 3-for-2 stock split which was completed on April 30, 2012.