ASURE SOFTWARE INC — Director's Dealing 2016

Jul 1, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASURE SOFTWARE INC (ASUR)
CIK: 0000884144
Period of Report: 2016-06-30

Reporting Person: Rodriguez Steven Wayne (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-06-30	Asure Software, Inc. Common Stock ($0.01 par value)	M	135000	$2.33	Acquired	135000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Options (Right to Buy)	$5.76	2020-03-31	Common Stock ($0.01 par value) (10000)	10000	Direct
Employee Stock Options (Right to Buy)	$5.31	2021-04-12	Common Stock ($0.01 par value) (40000)	50000	Direct

Footnotes

F1: 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.

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.