Asure Software director exercises 5,000 stock options
Rhea-AI Filing Summary
Director Daniel M. Gill of Asure Software Inc. exercised stock options for 5,000 shares of common stock at $7.8600 per share on May 12, 2026, eliminating this reported option position.
On the same date, 4,581 common shares were delivered at $8.5800 per share to cover the exercise price and/or taxes, and Gill now directly holds 45,584 Asure Software common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 419 shares
Net Buy
3 txns
Insider
GILL DANIEL M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Option to Buy) | 5,000 | $0.00 | $0.00 |
| Exercise | Asure Software, Inc. Common Stock ($0.01 par value) | 5,000 | $7.86 | $39K |
| Exercise Price or Tax Liability | Asure Software, Inc. Common Stock ($0.01 par value) | 4,581 | $8.58 | $39K |
Holdings After Transaction:
Stock Option (Option to Buy) — 0 shares (Direct);
Asure Software, Inc. Common Stock ($0.01 par value) — 45,584 shares (Direct)
Footnotes (2)
- F1. These shares represent the payment of exercise price associated with the exercise of stock options that were originally granted on May 13, 2021.
- F2. Represents grant of employee stock options that vested 1/3rd on the first anniversary of the grant date of May 13, 2021, (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.
Key Figures
Options exercised: 5,000 shares
Shares delivered for exercise price/taxes: 4,581 shares
Post-transaction common shareholding: 45,584 shares
+4 more
7 metrics
Options exercised
5,000 shares
Stock options exercised on May 12, 2026 at 7.8600 per share
Shares delivered for exercise price/taxes
4,581 shares
Common shares delivered on May 12, 2026 at 8.5800 per share to cover exercise price and/or taxes
Post-transaction common shareholding
45,584 shares
Asure Software common shares held directly by Daniel M. Gill after the reported transactions
Option exercise price
7.8600 per share
Exercise price of the stock options exercised for 5,000 shares
Share delivery price
8.5800 per share
Price per share for 4,581 common shares delivered to cover exercise price and/or taxes
Option grant date
May 13, 2021
Original grant date of the employee stock options described in the footnotes
Option expiration date
2026-05-13
Expiration date of the stock options that were exercised for 5,000 shares
Key Terms
Stock Option (Option to Buy), tax-withholding disposition, Grant Date, equal monthly installments
4 terms
Stock Option (Option to Buy) financial
"Security title listed as Stock Option (Option to Buy) for 5,000 shares"
tax-withholding disposition financial
"Transaction action described as tax-withholding disposition of common shares"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Grant Date financial
"Vesting schedule refers to the Grant Date of May 13, 2021"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
equal monthly installments financial
"Remaining options vested over two years in equal monthly installments"
FAQ
What transactions did Asure Software (ASUR) director Daniel M. Gill report?
Daniel M. Gill reported exercising stock options for 5,000 Asure Software common shares at $7.8600 per share, plus a related disposition of 4,581 common shares to cover the exercise price and/or taxes, leaving him with 45,584 common shares held directly.
How many Asure Software (ASUR) options did Daniel M. Gill exercise and at what price?
He exercised stock options covering 5,000 Asure Software common shares at an exercise price of $7.8600 per share on May 12, 2026. These options were originally granted on May 13, 2021, under a multi‑year vesting schedule described in the disclosure footnotes.
When were the exercised Asure Software (ASUR) options granted and how did they vest?
The exercised options were originally granted on May 13, 2021. According to the vesting terms, one‑third vested on the first anniversary of the grant, while the remaining two‑thirds vested over two years in equal monthly installments until the third anniversary.
AI-generated analysis. How Rhea-AI works. Not financial advice.
