Asure Software (NASDAQ: ASUR) CEO receives 120,000-share performance stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Asure Software Chairman and CEO Patrick Goepel reported an equity award on Form 4. He acquired 120,000 shares of Asure Software common stock on a grant/award basis at a price of $0.00 per share, bringing his directly held stake to 1,527,622 shares after the transaction.
According to a footnote, the award represents the settlement of performance stock units granted on January 1, 2025. Of this award, 38.89% vests on the reported date, with the remainder vesting in equal monthly installments beginning on the first day of the calendar month after that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Goepel Patrick
Role
Chairman & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Asure Software, Inc. Common Stock ($0.01 par value) | 120,000 | $0.00 | -- |
Holdings After Transaction:
Asure Software, Inc. Common Stock ($0.01 par value) — 1,527,622 shares (Direct)
Footnotes (1)
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FAQ
What did Asure Software (ASUR) report in this Form 4 filing?
Asure Software reported that Chairman and CEO Patrick Goepel received an equity grant of 120,000 common shares. The shares were awarded at $0.00 per share as settlement of performance stock units tied to previously established performance metrics.
How do the performance stock units for Asure Software (ASUR) vest in this award?
The performance stock units convert into shares with 38.89% vesting on the transaction date. The remaining portion vests in equal monthly installments starting on the first day of the calendar month following the grant’s settlement date.
Does this Asure Software (ASUR) Form 4 indicate a buy or sell transaction?
This Form 4 indicates an acquisition through a grant or award, not a sale. The transaction code is “A,” and it reflects settlement of performance stock units into 120,000 common shares awarded to Patrick Goepel.