Bradford S. Oberwager - 14 Mar 2023 Form 4 Insider Report for ASURE SOFTWARE INC (ASUR)

Role
Director
Signature
/s/ Bradford S. Oberwager
Issuer symbol
ASUR
Transactions as of
14 Mar 2023
Net transactions value
-$56,808
Form type
4
Filing time
16 Mar 2023, 14:58:08 UTC
Previous filing
07 Mar 2023
Next filing
02 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASUR Common Stock Options Exercise $32,200 +5,000 +18% $6.44 32,165 14 Mar 2023 Direct
transaction ASUR Common Stock Sale $32,633 -2,382 -7.4% $13.70 29,783 14 Mar 2023 Direct F1
transaction ASUR Common Stock Options Exercise $24,114 +3,068 +10% $7.86 32,851 14 Mar 2023 Direct
transaction ASUR Common Stock Sale $24,175 -1,762 -5.4% $13.72 31,089 14 Mar 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ASUR Stock Option (Option to Buy) Options Exercise $32,200 -5,000 -100% $6.44 0 14 Mar 2023 Asure Software, Inc. Common Stock ($0.01 par value) 5,000 $6.44 Direct
transaction ASUR Stock Option (Option to Buy) Options Exercise $24,114 -3,068 -61% $7.86 1,932 14 Mar 2023 Asure Software, Inc. Common Stock ($0.01 par value) 3,068 $7.86 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 represent shares sold by the Reporting Person to cover the exercise price to be paid in connection with the exercise of vested options to purchase the issuer's common stock.
F2 The options granted on May 12, 2021, represent a right to purchase a total of 5,000 shares of Asure Software, Inc.'s Common Stock, $0.01 par value, vesting one-third on the first anniversary of the grant date and the remainder over two years in equal quarterly installments.