Karbowski James Joseph 4
4 · ASURE SOFTWARE INC · Filed Sep 6, 2017
Insider Transaction Report
Form 4
Karbowski James Joseph
COO/CTO
Transactions
- Purchase
Asure Software, Inc. Common Stock ($0.01 par value)
2017-09-01$11.48/sh+901$10,343→ 20,901 total
Holdings
- 20,000
Employee Stock Option (Right to Buy)
Exercise: $5.31Exp: 2021-04-12→ Common Stock ($0.01 par value) (20,000 underlying) - 50,000
Employee Stock Option (Right to Buy)
Exercise: $6.04Exp: 2019-07-03→ Common Stock ($0.01 par value) (50,000 underlying) - 15,000
Employee Stock Option (Right to Buy)
Exercise: $9.86Exp: 2022-04-06→ Common Stock ($0.01 par value) (15,000 underlying)
Footnotes (3)
- [F1]The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $11.45 to $11.487.
- [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]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.