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ASURE SOFTWARE INC — Director's Dealing 2017
Apr 10, 2017
33594_dirs_2017-04-10_675c7a70-4956-47e9-a85b-7d18be17ecf8.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: 2017-04-06
Reporting Person: Karbowski James Joseph (Chief Operating Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-04-06 | Employee Stock Option (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) | 10000 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy) | $6.42 | 2017-07-27 | Common Stock ($0.01 par value) (10000) | 10000 | Direct |
| Employee Stock Option (Right to Buy) | $6.04 | 2019-07-03 | Common Stock ($0.01 par value) (50000) | 60000 | Direct |
| Employee Stock Option (Right to Buy) | $5.31 | 2021-04-12 | Common Stock ($0.01 par value) (20000) | 80000 | 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.
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