Robert A. Eckel - Dec 13, 2023 Form 4 Insider Report for AWARE INC /MA/ (AWRE)

Role
CEO & President, Director
Signature
/s/ Robert A. Eckel
Stock symbol
AWRE
Transactions as of
Dec 13, 2023
Transactions value $
$32,379
Form type
4
Date filed
12/15/2023, 05:18 PM
Previous filing
Sep 20, 2023
Next filing
Feb 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AWRE Common Stock Purchase $4.82K +3K +0.97% $1.61 311K Dec 13, 2023 Direct
transaction AWRE Common Stock Purchase $27.6K +17K +5.46% $1.62 328K Dec 14, 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) 1.25M Dec 13, 2023 Common Stock 1.25M $4.73 Direct F1
holding AWRE Stock Option (right to buy) 50K Dec 13, 2023 Common Stock 50K $4.50 Direct F2
holding AWRE Stock Option (right to buy) 50K Dec 13, 2023 Common Stock 50K $5.50 Direct F2
holding AWRE Stock Option (right to buy) 50K Dec 13, 2023 Common Stock 50K $6.50 Direct F2
holding AWRE Stock Option (right to buy) 50K Dec 13, 2023 Common Stock 50K $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.