Ajay Amlani - Mar 7, 2025 Form 4 Insider Report for AWARE INC /MA/ (AWRE)

Role
President & CEO, Director
Signature
/s/ Ajay Amlani
Stock symbol
AWRE
Transactions as of
Mar 7, 2025
Transactions value $
$43,425
Form type
4
Date filed
3/10/2025, 04:25 PM
Previous filing
Feb 5, 2025
Next filing
Mar 12, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AWRE Common Stock Purchase $43.4K +29K +14.09% $1.50 234K Mar 7, 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
holding AWRE Stock Option (Right to Buy) 848K Mar 7, 2025 Common Stock 848K $1.70 Direct F1
holding AWRE Stock Option (Right to Buy) 106K Mar 7, 2025 Common Stock 106K $1.70 Direct F2
holding AWRE Stock Option (Right to Buy) 106K Mar 7, 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.