ASURE SOFTWARE INC — Director's Dealing 2017

Aug 31, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASURE SOFTWARE INC (ASUR)
CIK: 0000884144
Period of Report: 2017-06-23

Reporting Person: Karbowski James Joseph (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-06-23	Asure Software, Inc. Common Stock ($0.01 par value)	M	10000	$6.42	Acquired	20000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-06-23	Employee Stock Option (Right to Buy)	$6.42	M	10000	Disposed	2017-07-27	Common Stock ($0.01 par value) (10000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right to Buy)	$6.04	2019-07-03	Common Stock ($0.01 par value) (50000)	50000	Direct
Employee Stock Option (Right to Buy)	$5.31	2021-04-12	Common Stock ($0.01 par value) (20000)	20000	Direct
Employee Stock Option (Right to Buy)	$9.86	2022-04-06	Common Stock ($0.01 par value) (15000)	15000	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.