ASURE SOFTWARE INC — Director's Dealing 2017

Apr 10, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASURE SOFTWARE INC (ASUR)
CIK: 0000884144
Period of Report: 2017-04-06

Reporting Person: Wolfe Charles Bradford (Chief Financial Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-04-06	Employee Stock Options (Right to Buy)	$9.86	A	15000	Acquired	2022-04-06	Common Stock ($0.01 par value) (15000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Asure Software, Inc. Common Stock ($0.01 par value)	28905	Direct

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
Employee Stock Options (Right to Buy)	$5.31	2021-04-12	Common Stock ($0.01 par value) (10000)	80000	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.