SEC Form 4 · accession 0001185185-15-002369
ASURE SOFTWARE INC · ASUR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick Goepel
Officer — Chief Executive Officer · Director
Period of report
Sep 4, 2015
Accepted (ET)
Sep 9, 2015 · 2:51 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000884144
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Asure Software, Inc. Common Stock ($0.01 par value) | Sep 4, 2015 | P | 550 | $5.40 | A | 575,544 | D | |
| Asure Software, Inc. Common Stock ($0.01 par value) | Sep 4, 2015 | P | 53 | $5.45 | A | 575,597 | D | |
| Asure Software, Inc. Common Stock ($0.01 par value) | Sep 8, 2015 | P | 2,581 | $5.84 | A | 578,178 | D | |
| Asure Software, Inc. Common Stock ($0.01 par value) | Sep 8, 2015 | P | 3,200 | $5.83 | A | 581,378 | D | |
| Asure Software, Inc. Common Stock ($0.01 par value) | Sep 8, 2015 | P | 500 | $5.82 | A | 581,878 | D | |
| Asure Software, Inc. Common Stock ($0.01 par value) | Sep 8, 2015 | P | 100 | $5.79 | A | 581,979 | D | |
| Asure Software, Inc. Common Stock ($0.01 par value) | Sep 8, 2015 | P | 100 | $5.78 | A | 582,078 | D | |
| Asure Software, Inc. Common Stock ($0.01 par value) | Sep 8, 2015 | P | 100 | $5.77 | A | 582,178 | D | |
| Asure Software, Inc. Common Stock ($0.01 par value) | Sep 8, 2015 | P | 100 | $5.67 | A | 582,278 | D | |
| Asure Software, Inc. Common Stock ($0.01 par value) | Sep 8, 2015 | P | 1,500 | $5.65 | A | 583,778 | D | |
| Asure Software, Inc. Common Stock ($0.01 par value) | Sep 8, 2015 | P | 200 | $5.61 | A | 583,978 | D | |
| Asure Software, Inc. Common Stock ($0.01 par value) | Sep 8, 2015 | P | 1,619 | $5.58 | A | 585,597 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1 | $5.76 | holding | — | — | — | — | Mar 31, 2020 | Common Stock ($0.01 par value) | 60,000 | 60,000 | D |
Explanation of responses
- F1For 30,000 options: 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. For 30,000 options: Such options will vest at 12/31/15 based on achievement of performance criteria as approved by the board of directors.