David B. Barcelo - Nov 3, 2022 Form 4 Insider Report for AWARE INC /MA/ (AWRE)

Role
Chief Financial Officer
Signature
/s/ David B. Barcelo
Stock symbol
AWRE
Transactions as of
Nov 3, 2022
Transactions value $
$14,700
Form type
4
Date filed
11/4/2022, 07:00 AM
Previous filing
Sep 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AWRE Common Stock Purchase $14.7K +10K +18.39% $1.47 64.4K Nov 3, 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 Stock Option (right to buy) 250K Nov 3, 2022 Common Stock 250K $4.73 Direct F1
holding AWRE Stock Option (right to buy) 12.5K Nov 3, 2022 Common Stock 12.5K $4.50 Direct F2
holding AWRE Stock Option (right to buy) 12.5K Nov 3, 2022 Common Stock 12.5K $5.50 Direct F2
holding AWRE Stock Option (right to buy) 12.5K Nov 3, 2022 Common Stock 12.5K $6.50 Direct F2
holding AWRE Stock Option (right to buy) 12.5K Nov 3, 2022 Common Stock 12.5K $7.50 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Vests in 16 equal quarterly installments on the last day of each quarter from July 1, 2020 through June 30, 2024.