Filing Details

Accession Number:
0001185185-15-001515
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-06-01 13:44:11
Reporting Period:
2015-05-28
Filing Date:
2015-06-01
Accepted Time:
2015-06-01 13:44:11
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
884144 Asure Software Inc ASUR Services-Computer Integrated Systems Design (7373) 742415696
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1472118 Patrick Goepel 16 Abbottswood
Sudbury MA 01776
Chief Executive Officer Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Asure Software, Inc. Common Stock ($0.01 Par Value) Acquisiton 2015-05-28 862 $6.00 324,694 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock ($0.01 Par Value) Employee Stock Option (Right to Buy) $2.33 225,000 225,000 Direct
Common Stock ($0.01 Par Value) Employee Stock Option (Right to Buy) $5.76 2020-03-31 60,000 285,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
225,000 225,000 Direct
2020-03-31 60,000 285,000 Direct
Footnotes
  1. For 52,500 options: Such options shall vest over a 4 year period following issuance such that 25% of the shares shall vest on 9/15/2010 and an additional 6.25% shall vest each three (3) months thereafter. For 172,500 options: Such options will vest as follows: 1/14th (or 12,321 shares) of the total shares will vest each calendar quarter beginning September 30, 2011 through September 30, 2014, and the remaining 12,327 shares will vest on December 31, 2014.
  2. For 52,500 Options: 9/21/2019 For 172,500 Options: 12/31/2019
  3. For 30,000 options: 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. For 30,000 options: Such options will vest at 12/31/15 based on achievement of performance criteria as approved by the board of directors.