Grace G. Lee - 17 Mar 2025 Form 4 Insider Report for ASURE SOFTWARE INC (ASUR)

Role
Director
Signature
/s/ Grace Lee
Issuer symbol
ASUR
Transactions as of
17 Mar 2025
Net transactions value
+$375
Form type
4
Filing time
19 Mar 2025, 18:14:38 UTC
Previous filing
10 Mar 2025
Next filing
23 May 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASUR Asure Software, Inc. Common Stock ($0.01 par value) Options Exercise $71,700 +10,000 +34% $7.17 39,715 17 Mar 2025 Direct
transaction ASUR Asure Software, Inc. Common Stock ($0.01 par value) Sale $71,325 -7,500 -19% $9.51 32,215 17 Mar 2025 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 $0 -10,000 -100% $0.000000 0 17 Mar 2025 Asure Software, Inc. Common Stock ($0.01 par value) 10,000 $7.17 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price in column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $9.48 to $9.54. The Reporting Person undertakes to provide Asure Software, Inc., any security holder thereof, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
F2 Represents grant of stock options that vested 1/3rd on the first anniversary of the grant date of September 14, 2020 (the "Grant Date"), and the remaining 2/3rds vested over a period of two years in equal monthly installments with the last such vesting date being the third anniversary of the Grant Date.