Robert A. Eckel - 19 Sep 2023 Form 4 Insider Report for AWARE INC /MA/ (AWRE)

Role
CEO & President, Director
Signature
/s/ Robert A. Eckel
Issuer symbol
AWRE
Transactions as of
19 Sep 2023
Net transactions value
$0
Form type
4
Filing time
20 Sep 2023, 16:27:19 UTC
Previous filing
31 May 2023
Next filing
15 Dec 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 Options Exercise $0 +20,000 +7.1% $0.000000 303,497 19 Sep 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) 1,250,000 19 Sep 2023 Common Stock 1,250,000 $4.73 Direct F1
holding AWRE Stock Option (right to buy) 50,000 19 Sep 2023 Common Stock 50,000 $4.50 Direct F2
holding AWRE Stock Option (right to buy) 50,000 19 Sep 2023 Common Stock 50,000 $5.50 Direct F2
holding AWRE Stock Option (right to buy) 50,000 19 Sep 2023 Common Stock 50,000 $6.50 Direct F2
holding AWRE Stock Option (right to buy) 50,000 19 Sep 2023 Common Stock 50,000 $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 December 19, 2019 through September 19, 2023.