David K. Traverse - Jun 1, 2024 Form 4 Insider Report for AWARE INC /MA/ (AWRE)

Signature
/s/ David K. Travrerse
Stock symbol
AWRE
Transactions as of
Jun 1, 2024
Transactions value $
$0
Form type
4
Date filed
6/3/2024, 04:39 PM
Previous filing
Mar 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AWRE Common Stock 27.8K Jun 1, 2024 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
transaction AWRE Unrestricted Stock Award Award $0 +24K $0.00 24K Jun 1, 2024 Common Stock 24K $0.00 Direct F2
holding AWRE Stock Option (Right to Buy) 44K Jun 1, 2024 Common Stock 44K $2.21 Direct F1
* 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 20, 2025, with the remainder vesting in 12 equal monthly installments starting on March 20, 2025.
F2 Shares of unrestricted stock awarded to reporting person under 2023 Equity and Incentive Plan of Aware, Inc. The shares will be issued as follows; 6,000 shares on December 1, 2024, 6,000 shares on June 1, 2025, 6,000 shares on June 1, 2026 and 6,000 shares on June 1, 2027 provided the reporting person is serving as a director, officer or employee of the Company or any subsidiary of the Company on said dates.