$ASUR·4

ASURE SOFTWARE INC · Apr 18, 3:08 PM ET

ASURE SOFTWARE INC 4

4 · ASURE SOFTWARE INC · Filed Apr 18, 2016

Insider Transaction Report

Form 4
Period: 2016-04-12
Rodriguez Steven Wayne
Chief Operating Officer
Transactions
  • Award

    Employee Stock Options (Right to Buy)

    2016-04-12+40,000185,000 total
    Exercise: $5.31Exp: 2021-04-12Common Stock ($0.01 par value) (40,000 underlying)
Holdings
  • Employee Stock Options (Right to Buy)

    Exercise: $2.33Exp: 2016-08-15Common Stock ($0.01 par value) (135,000 underlying)
    135,000
  • Employee Stock Options (Right to Buy)

    Exercise: $5.76Exp: 2020-03-31Common Stock ($0.01 par value) (10,000 underlying)
    145,000
Footnotes (3)
  • [F1]Twenty-five percent (25%) of the shares subject to the option shall vest after 12 months. The remaining shares shall vest quarterly over the next 36 months in equal amounts.
  • [F2]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.
  • [F3]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.

Documents

1 file
  • 4
    form4-rodriguez041816.xmlPrimary

    OWNERSHIP DOCUMENT