Mohamed Lazzouni - 03 Jan 2023 Form 4 Insider Report for AWARE INC /MA/ (AWRE)

Role
Chief Technical Officer
Signature
/s/ Mohamed Lazzouni
Issuer symbol
AWRE
Transactions as of
03 Jan 2023
Net transactions value
$0
Form type
4
Filing time
05 Jan 2023, 16:38:30 UTC
Previous filing
05 Aug 2022
Next filing
22 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AWRE Common Stock Options Exercise $0 +6,535 +18% $0.000000 42,442 03 Jan 2023 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) 300,000 03 Jan 2023 Common Stock 300,000 $4.73 Direct F1
holding AWRE Stock Option (right to buy) 18,750 03 Jan 2023 Common Stock 18,750 $4.50 Direct F2
holding AWRE Stock Option (right to buy) 18,750 03 Jan 2023 Common Stock 18,750 $5.50 Direct F2
holding AWRE Stock Option (right to buy) 18,750 03 Jan 2023 Common Stock 18,750 $6.50 Direct F2
holding AWRE Stock Option (right to buy) 18,750 03 Jan 2023 Common Stock 18,750 $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 February 19. 2020 through November 19, 2023.