David K. Traverse - Nov 15, 2024 Form 4 Insider Report for AWARE INC /MA/ (AWRE)

Role
Chief Financial Officer
Signature
/s/ David K. Traverse
Stock symbol
AWRE
Transactions as of
Nov 15, 2024
Transactions value $
$209,987
Form type
4
Date filed
11/19/2024, 04:00 PM
Previous filing
Nov 4, 2024
Next filing
Dec 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AWRE Common stock Purchase $4.99K +3.35K +12.05% $1.49 31.1K Nov 15, 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 $205K +100K $2.05 100K Oct 31, 2024 Common Stock 100K $2.05 Direct F1
holding AWRE Stock Option (Right to Buy) 44K Nov 15, 2024 Common Stock 44K $2.21 Direct F2
holding AWRE Unrestriced Stock Award 24K Nov 15, 2024 Common Stock 24K $0.00 Direct F3
* 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.
F3 Shares of unrestricted stock awarded to reporting person under 2023 Equity and Incentive Plan of Aware, Inc. The shares will be issued as follows; 6,000 shares on December 1, 2024, 6,000 shares on June 1, 2025, 6,000 shares on June 1, 2026 and 6,000 shares on June 1, 2027 provided the reporting person is serving as a director, officer or employee of the Company or any subsidiary of the Company on said dates.