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Ownership Document |
Schema Version: X0306 |
Document Type: 4 |
Period of Report: 8/13/20 |
Not Subject to Section 16: 0 |
Issuer: |
| Issuer CIK: 884144 |
| Issuer Name: ASURE SOFTWARE INC |
| Issuer Trading Symbol: ASUR |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1175995 |
| | Owner Name: ALLEN BEN F |
| Reporting Owner Address: |
| | Owner Street 1: C/O ASURE SOFTWARE, INC. |
| | Owner Street 2: 3700 N CAPITAL OF TEXAS HWY, SUITE 350 |
| | Owner City: AUSTIN |
| | Owner State: TX |
| | Owner ZIP Code: 78746 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? No |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: |
| | Other Text: |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Asure Software, Inc. Common Stock ($0.01 par value) |
| | Transaction Date: |
| | | Value: 8/13/20 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 14,800 |
| | | Transaction Price Per Share: |
| Value: 6.75 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 14,480 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 9/14/20 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 7,165 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 21,645 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Stock Option (Option to Buy) |
| | Conversion or Exercise Price: |
| | | Value: 7.17 |
| | Transaction Date: |
| | | Value: 9/14/20 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 10,000 |
| | | Transaction Price Per Share: |
| Value: 7.17 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Exercise Date: |
| | | Footnote ID: F2 |
| | Expiration Date: |
| | | Value: 9/14/25 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 10,000 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 10,000 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - F1: Represents grant of restricted stock units of which one-third will vest on the first anniversary of the grant date and the remainder will vest over the following two years in equal quarterly installments. |
| Footnote - F2: The options will vest as follows: one-third on the first anniversary of the grant date and the remainder over two years in equal quarterly installments. |
Owner Signature: |
| Signature Name: /s/ Ben Francis Allen |
| Signature Date: 10/2/20 |