Scoglio David Michael 4
4 · ASURE SOFTWARE INC · Filed Jan 13, 2011
Insider Transaction Report
Form 4
Scoglio David Michael
Chief Financial Officer
Transactions
- Award
Employee Stock Option, (right to buy)
2011-01-12+32,000→ 47,000 totalExercise: $3.50Exp: 2016-01-12→ Asure Software, Inc. Common Stock (32,000 underlying)
Holdings
- 7,913
Asure Software, Inc. Common Stock
Footnotes (3)
- [F1]These options shall vest 25% after twelve months and another 25% every 12 months thereafter. They have a term of 5 years.
- [F2]The exercise price is $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. They have a term of 10 years.