Mohamed Lazzouni - 03 Aug 2022 Form 4 Insider Report for AWARE INC /MA/ (AWRE)

Role
Chief Technical Officer
Signature
/s/ Mohamed Lazzouni
Issuer symbol
AWRE
Transactions as of
03 Aug 2022
Net transactions value
+$10,750
Form type
4
Filing time
05 Aug 2022, 16:00:54 UTC
Previous filing
06 Jul 2022
Next filing
05 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AWRE Common Stock Purchase $10,750 +5,000 +14% $2.15 40,907 03 Aug 2022 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
holding AWRE Unrestriced Stock Award 20,000 03 Aug 2022 Common Stock 10,000 $0.000000 Direct F1
holding AWRE Stock Option (right to buy) 300,000 03 Aug 2022 Common Stock 300,000 $4.73 Direct F2
holding AWRE Stock Option (right to buy) 18,750 03 Aug 2022 Common Stock 18,750 $4.50 Direct F3
holding AWRE Stock Option (right to buy) 18,750 03 Aug 2022 Common Stock 18,750 $5.50 Direct F3
holding AWRE Stock Option (right to buy) 18,750 03 Aug 2022 Common Stock 18,750 $6.50 Direct F3
holding AWRE Stock Option (right to buy) 18,750 03 Aug 2022 Common Stock 18,750 $7.50 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of unrestricted stock awarded to reporting person under Aware, Inc. 2001 Nonqualified Stock Plan. The shares will be issued on December 31, 2022 provided the reporting person is serving as a director, office or employee of the Company or any subsidiary of the Company on said dates.
F2 Fifty percent of the option will vest on February 24, 2023, with the remainder vesting in 24 equal monthly installments starting on March 24, 2023.
F3 Vests in 16 equal quarterly installments on the last day of each quarter from February 19. 2020 through November 19, 2023.