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ASURE SOFTWARE INC — Director's Dealing 2017
Jul 10, 2017
33594_dirs_2017-07-10_c83f120a-f440-4115-9ac2-b6a9728079c5.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: 2017-07-06
Reporting Person: Wolfe Charles Bradford (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-07-06 | Asure Software, Inc. Common Stock ($0.01 par value) | M | 37500 | $5.23 | Acquired | 66405 | Direct |
| 2017-07-06 | Asure Software, Inc. Common Stock ($0.01 par value) | M | 7504 | $5.76 | Acquired | 73909 | Direct |
| 2017-07-06 | Asure Software, Inc. Common Stock ($0.01 par value) | M | 3334 | $5.31 | Acquired | 77243 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-07-06 | Employee Stock Options (Right to Buy) | $5.23 | M | 37500 | Disposed | 2019-11-19 | Common Stock ($0.01 par value) (37500) | Direct |
| 2017-07-06 | Employee Stock Options (Right to Buy) | $5.76 | M | 7504 | Disposed | 2020-03-31 | Common Stock ($0.01 par value) (7504) | Direct |
| 2017-07-06 | Employee Stock Options (Right to Buy) | $5.31 | M | 3334 | Disposed | 2021-04-12 | Common Stock ($0.01 par value) (3334) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Options (Right to Buy) | $9.86 | 2022-04-06 | Common Stock ($0.01 par value) (15000) | 95000 | 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.
F4: Such options shall vest over a 4 year period following issuance such that 25% of the shares shall vest on each of the first, second, third and fourth anniversaries of the grant date.