Ajay K. Amlani - 03 Feb 2025 Form 4 Insider Report for AWARE INC /MA/ (AWRE)

Role: President & CEO, Director
Signature: /s/ Ajay Amlani
Issuer symbol: AWRE
Transactions as of: 03 Feb 2025
Net transactions value: +$1,802,335
Form type: 4
Filing time: 05 Feb 2025, 17:35:03 UTC
Next filing: 10 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	AWRE	Common Stock						205,489	03 Feb 2025	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	$1,441,867	+848,157		$1.70	848,157	03 Feb 2025	Common Stock	848,157	$1.70	Direct	F1
transaction	AWRE	Stock Option (Right to Buy)	Award	$180,234	+106,020		$1.70	106,020	03 Feb 2025	Common Stock	106,020	$1.70	Direct	F2
transaction	AWRE	Stock Option (Right to Buy)	Award	$180,234	+106,020		$1.70	106,020	03 Feb 2025	Common Stock	106,020	$1.70	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 on February 3, 2026, with the remainder vesting in 36 equal monthly installments starting on March 3, 2026.
F2	Shares will vest on February 3, 2026 if certain year-over-year bookings growth occurs for Aware in 2025.
F3	Shares will vest on February 3, 2027 if certain year-over-year bookings growth occurs for Aware in 2026.