SEC Form 4 · accession 0001185185-17-000886
ASURE SOFTWARE INC · ASUR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eyal Goldstein
Officer — Chief Revenue Officer
Period of report
Apr 6, 2017
Accepted (ET)
Apr 10, 2017 · 6:29 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000884144
Table I — non-derivative securities
No Table I lines on this filing.
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)F2 | $9.86 | Apr 6, 2017 | A | 30,000 | A | — | Apr 6, 2022 | Common Stock ($0.01 par value) | 30,000 | 130,000 | D |
| Employee Stock Option (Right to Buy)F1 | $8.62 | holding | — | — | — | — | Dec 15, 2021 | Common Stock ($0.01 par value) | 100,000 | 100,000 | D |
Explanation of responses
- F1Such 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.
- F2Such options shall vest over a 4 year period such that 25% of the shares shall vest on each anniversary date following issuance.