ASURE SOFTWARE INC — Director's Dealing 2016

Apr 18, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASURE SOFTWARE INC (ASUR)
CIK: 0000884144
Period of Report: 2016-04-12

Reporting Person: Goepel Patrick (Director, Chief Executive Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-04-12	Employee Stock Option (Right to Buy)	$5.31	A	50000	Acquired	2021-04-12	Common Stock ($0.01 par value) (50000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Asure Software, Inc. Common Stock ($0.01 par value)	585597	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right to Buy)	$5.76	2020-03-31	Common Stock ($0.01 par value) (30000)	30000	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.