Robert A. Eckel - 19 Sep 2021 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 2021
Transactions value $
$0
Form type
4
Filing time
29 Sep 2021, 16:47:37 UTC
Previous filing
17 May 2021
Next filing
05 May 2022
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 +12.97% $0 174,253 19 Sep 2021 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 Unrestricted Stock Award 40,000 19 Sep 2021 Common Stock 40,000 $0 Direct F1
holding AWRE Stock Option (right to buy) 1,250,000 19 Sep 2021 Common Stock 1,250,000 $4.73 Direct F2
holding AWRE Stock Option (right to buy) 50,000 19 Sep 2021 Common Stock 50,000 $4.5 Direct F3
holding AWRE Stock Option (right to buy) 50,000 19 Sep 2021 Common Stock 50,000 $5.5 Direct F3
holding AWRE Stock Option (right to buy) 50,000 19 Sep 2021 Common Stock 50,000 $6.5 Direct F3
holding AWRE Stock Option (right to buy) 50,000 19 Sep 2021 Common Stock 50,000 $7.5 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Unrestricted stock award awarded to reporting person under Aware, Inc. 2001 Nonqualified Stock Plan. The unrestricted stock award will vest and unrestricted shares of Aware, Inc. common stock will be issued to the reporting person as follows: 20,000 shares on September 19, 2022 and 20,000 shares on September 19, 2023, provided the reporting person is serving as a director, officer or employee of the Company or any subsidiary of the Company on said dates.
F2 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.
F3 Vests in 16 equal quarterly installments on the last day of each quarter from December 19, 2019 through September 19, 2023.