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ASURE SOFTWARE INC — Director's Dealing 2016
Apr 18, 2016
33594_dirs_2016-04-18_17329987-7dc5-4186-811e-566139117a1d.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: Rodriguez Steven Wayne (Chief Operating 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 | 40000 | Acquired | 2021-04-12 | Common Stock ($0.01 par value) (40000) | 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) (135000) | 135000 | Direct |
| Employee Stock Options (Right to Buy) | $5.76 | 2020-03-31 | Common Stock ($0.01 par value) (10000) | 145000 | 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: 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.