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ASURE SOFTWARE INC Director's Dealing 2018

Jun 4, 2018

33594_dirs_2018-06-04_8f869bdd-bddb-49c0-91a2-73732f93bb35.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: 2018-05-16

Reporting Person: Goldstein Eyal (Chief Revenue Officer)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-05-16 Employee Stock Option (Right to Buy) $14.20 A 50000 Acquired 2022-12-15 Common Stock ($0.01 par value) (50000) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Employee Stock Option (Right to Buy) $8.62 2021-12-15 Common Stock ($0.01 par value) (100000) 100000 Direct
Employee Stock Option (Right to Buy) $9.86 2022-04-06 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 12/15/2017 and an additional 8.33% shall vest each three (3) months thereafter.

F2: Such options shall vest over a 4 year period such that 25% of the shares shall vest on each anniversary date following issuance.

F3: The option grant was subject to shareholder approval of a new equity plan which was attained on May 16, 2018. The option vests in four equal annual installments beginning December 15, 2018.