4//SEC Filing
Scoglio David Michael 4
Accession 0001480227-11-000016
CIK 0000884144other
Filed
Oct 11, 8:00 PM ET
Accepted
Oct 12, 3:10 PM ET
Size
7.2 KB
Accession
0001480227-11-000016
Insider Transaction Report
Form 4
Scoglio David Michael
Chief Financial Officer
Transactions
- Purchase
Asure Software, Inc ($0.01 par value)
2011-10-11$3.39/sh+300$1,017→ 8,213 total(indirect: By Spouse)
Holdings
- 47,000
Employee Stock Option, (right to buy)
→ Asure Software, Inc. ($0.01 par value) Common Stock (47,000 underlying)
Footnotes (4)
- [F1]The Reporting Person disclaims beneficial ownership of all securities reported herein, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the shares for purposes of Section 16 of the Securities and Exchange Act of 1934 or for any other purpose.
- [F2]15,000 options have a stike price at $2.52; 32,000 options have a strike price of $3.50
- [F3]The first 15000 options vest over a 3 year schedule with 1/3 vesting after the first year and each additional third vesting every 12 months thereafter. The second group of 32,000 options vest 25% after twelve months and another 25% every 12 months thereafter.
- [F4]15,000 options have a term of 10 years; 32,000 options have a term of 5 years.
Documents
Issuer
ASURE SOFTWARE INC
CIK 0000884144
Entity typeother
Related Parties
1- filerCIK 0001480227
Filing Metadata
- Form type
- 4
- Filed
- Oct 11, 8:00 PM ET
- Accepted
- Oct 12, 3:10 PM ET
- Size
- 7.2 KB