ASURE SOFTWARE INC·4

Jun 4, 9:55 PM ET

Karbowski James Joseph 4

4 · ASURE SOFTWARE INC · Filed Jun 4, 2018

Insider Transaction Report

Form 4
Period: 2018-05-16
Transactions
  • Award

    Employee Stock Option (Right to Buy)

    2018-05-16+50,00050,000 total
    Exercise: $14.20Exp: 2022-12-15Common Stock ($0.01 par value) (50,000 underlying)
Holdings
  • Employee Stock Option (Right to Buy)

    Exercise: $6.04Exp: 2019-07-03Common Stock ($0.01 par value) (50,000 underlying)
    50,000
  • Asure Software, Inc. Common Stock ($0.01 par value)

    20,901
  • Employee Stock Option (Right to Buy)

    Exercise: $5.31Exp: 2021-04-12Common Stock ($0.01 par value) (20,000 underlying)
    20,000
  • Employee Stock Option (Right to Buy)

    Exercise: $9.86Exp: 2022-04-06Common Stock ($0.01 par value) (15,000 underlying)
    15,000
Footnotes (3)
  • [F1]Such options shall vest over a 4 year period such that 25% of the shares shall vest on each anniversary date following issuance.
  • [F2]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.
  • [F3]The 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.

Documents

1 file
  • 4
    form4-karbowski060418.xmlPrimary

    OWNERSHIP DOCUMENT