Ajay Amlani - Feb 3, 2025 Form 4 Insider Report for AWARE INC /MA/ (AWRE)

Role
President & CEO, Director
Signature
/s/ Ajay Amlani
Stock symbol
AWRE
Transactions as of
Feb 3, 2025
Transactions value $
$1,802,335
Form type
4
Date filed
2/5/2025, 05:35 PM
Next filing
Mar 10, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AWRE Common Stock 205K Feb 3, 2025 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 Stock Option (Right to Buy) Award $1.44M +848K $1.70 848K Feb 3, 2025 Common Stock 848K $1.70 Direct F1
transaction AWRE Stock Option (Right to Buy) Award $180K +106K $1.70 106K Feb 3, 2025 Common Stock 106K $1.70 Direct F2
transaction AWRE Stock Option (Right to Buy) Award $180K +106K $1.70 106K Feb 3, 2025 Common Stock 106K $1.70 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Twenty Five percent of the option will vest on February 3, 2026, with the remainder vesting in 36 equal monthly installments starting on March 3, 2026.
F2 Shares will vest on February 3, 2026 if certain year-over-year bookings growth occurs for Aware in 2025.
F3 Shares will vest on February 3, 2027 if certain year-over-year bookings growth occurs for Aware in 2026.