Mohamed Lazzouni - Mar 1, 2022 Form 4 Insider Report for AWARE INC /MA/ (AWRE)

Role
Chief Technical Officer
Signature
/s/ Mohamed Lazzouni
Stock symbol
AWRE
Transactions as of
Mar 1, 2022
Transactions value $
$0
Form type
4
Date filed
3/3/2022, 05:52 PM
Next filing
May 17, 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AWRE Common Stock 23.4K Mar 1, 2022 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 +20K $0.00 20K Mar 1, 2022 Common Stock 20K $0.00 Direct F1
holding AWRE Stock Option (right to buy) 300K Mar 1, 2022 Common Stock 300K $4.73 Direct F2
holding AWRE Stock Option (right to buy) 12.5K Mar 1, 2022 Common Stock 12.5K $4.50 Direct F3
holding AWRE Stock Option (right to buy) 12.5K Mar 1, 2022 Common Stock 12.5K $5.50 Direct F3
holding AWRE Stock Option (right to buy) 12.5K Mar 1, 2022 Common Stock 12.5K $6.50 Direct F3
holding AWRE Stock Option (right to buy) 12.5K Mar 1, 2022 Common Stock 12.5K $7.50 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of unrestricted stock awarded to reporting person under Aware, Inc. 2001 Nonqualified Stock Plan. The shares will be issued as follows; 10,000 shares on June 30, 2022, and 10,000 shares on December 31, 2022 provided the reporting person is serving as a director, office 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 February 19. 2020 through November 19, 2023.