AWARE INC /MA/ — Director's Dealing 2007

Feb 14, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AWARE INC /MA/ (AWRE)
CIK: 0001015739
Period of Report: 2007-02-12

Reporting Person: FARRIS KEITH E (Chief Financial Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-02-12	Stock Option (right to buy)	$5.06	A	50000	Acquired	2017-02-12	Common Stock (50000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to buy)	$5.69	2016-05-31	Common Stock (75000)	75000	Direct

Footnotes

F1: Vests in 16 equal quarterly installments on the last day of each quarter from March 31 2007 through December 31, 2010.

F2: Vests in 16 equal quarterly installments on the last day of each quarter from June 30, 2006 through March 31, 2010.