ASURE SOFTWARE INC — Director's Dealing 2016

Sep 7, 2016

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: ASURE SOFTWARE INC (ASUR)
CIK: 0000884144
Period of Report: 2016-09-02

Reporting Person: Karbowski James Joseph (COO/CTO)

Holdings (Non-Derivative)

Security	Shares	Ownership
Asure Software, Inc. Common Stock ($0.01 par value)	10000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Options (Right to Buy)	$6.42	2017-07-27	Common Stock ($0.01 par value) (10000)		Direct
Employee Stock Options (Right to Buy)	$6.04	2019-07-03	Common Stock ($0.01 par value) (50000)		Direct
Employee Stock Options (Right to Buy)	$5.31	2021-04-12	Common Stock ($0.01 par value) (20000)		Direct

Footnotes

F1: Such options shall vest over a 4 year period such that 25% of the shares shall vest on each anniversary date following issuance.

F2: Such options shall vest over a 3 year period following issuance such that 1/3 of the shares shall vest on 4/12/2017 and an additional 8.33% shall vest each three (3) months thereafter.