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ASURE SOFTWARE INC — Director's Dealing 2016
Apr 18, 2016
33594_dirs_2016-04-18_c3a32958-8097-49af-9d27-e50e464ff79e.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: 2016-04-12
Reporting Person: Wolfe Charles Bradford (Chief Financial Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-04-12 | Employee Stock Options (Right to Buy) | $5.31 | A | 10000 | Acquired | 2021-04-12 | Common Stock ($0.01 par value) (10000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Asure Software, Inc. Common Stock ($0.01 par value) | 23905 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Options (Right to Buy) | $5.23 | 2019-11-19 | Common Stock ($0.01 par value) (60000) | 60000 | Direct |
| Employee Stock Options (Right to Buy) | $5.76 | 2020-03-31 | Common Stock ($0.01 par value) (10000) | 70000 | Direct |
Footnotes
F1: Such options shall vest over a 4 year period following issuance such that 25% of the shares shall vest on 11/19/2015 and an additional 6.25% 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 3/31/2016 and an additional 8.33% shall vest each three (3) months thereafter.
F3: 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.