Mohamed Lazzouni - Oct 31, 2024 Form 4 Insider Report for AWARE INC /MA/ (AWRE)

Role
Chief Technology Officer
Signature
/s/ Mohamed Lazzouni
Stock symbol
AWRE
Transactions as of
Oct 31, 2024
Transactions value $
$307,500
Form type
4
Date filed
11/4/2024, 05:25 PM
Previous filing
Feb 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AWRE Common Stock 53.5K Oct 31, 2024 Direct

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 AWRE Stock Option (Right to Buy) Award $308K +150K $2.05 150K Oct 31, 2024 Common Stock 150K $2.05 Direct F1
holding AWRE Stock Option (Right to Buy) 158K Oct 31, 2024 Common Stock 158K $2.21 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Twenty-five percent of the option will vest annually, beginning on October 31, 2025, and continuing on each anniversary thereafter until fully vested on October 31, 2028
F2 Fifty percent of the option will vest on February 20, 2025, with the remainder vesting in 12 equal monthly installments starting on March 20, 2025.