SEC Form 4 · accession 0001185185-18-001065
ASURE SOFTWARE INC · ASUR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kelyn Brannon
Officer — Chief Financial Officer
Period of report
May 16, 2018
Accepted (ET)
Jun 4, 2018 · 9:56 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 | $14.20 | May 16, 2018 | A | 50,000 | A | — | Dec 15, 2022 | Common Stock ($0.01 par value) | 50,000 | 150,000 | D |
| Employee Stock Option (Right to Buy)F1 | $12.61 | holding | — | — | — | — | Oct 2, 2021 | Common Stock ($0.01 par value) | 100,000 | 100,000 | D |
Explanation of responses
- F1The options vest annually in equal amounts over the next 4 years.
- F2The 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.