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AWARE INC /MA/ Director's Dealing 2011

Apr 7, 2011

34571_dirs_2011-04-07_3d8b1fe3-b03a-4a86-afae-f3b6c023bcd5.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: AWARE INC /MA/ (AWRE)
CIK: 0001015739
Period of Report: 2011-04-01

Reporting Person: Russell Kevin Thomas (Interim co-CE0 and co-Pres.)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 9755 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Unrestricted Stock Award $0 2021-01-03 Common Stock (5625) Direct
Stock Option $3.77 2018-02-20 Common Stock (30000) Direct
Stock Option $4.64 2017-12-05 Common Stock (12000) Direct
Stock Option $5.05 2013-12-04 Common Stock (12000) Direct
Stock Option $2.95 2014-09-08 Common Stock (15000) Direct
Stock Option $3.27 2013-10-14 Common Stock (11750) Direct
Stock Option $3.27 2013-10-14 Common Stock (7500) Direct
Stock Option $3.27 2013-10-14 Common Stock (5000) Direct

Footnotes

F1: Shares of unrestricted stock awarded to reporting person under Aware, Inc. 2001 Nonqualified Stock Plan. The shares will be issued as follows; 1,875 shares on June 30, 2011, 1,875 shares on December 31, 2011, and 1,875 shares on June 30, 2012 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: Vests in 20 equal quarterly installments on the last day of each quarter from March 31, 2008 through December 31, 2012.

F3: Vests in 16 equal quarterly installments on the last day of each quarter from December 31, 2007 through September 30, 2011.

F4: Vests in 16 equal quarterly installments on the last day of each quarter from December 31, 2006 through September 30, 2010.

F5: 50% vests on September 8, 2004, the remaining 50% vests in 8 equal quarterly installments on the last day of each quarter from December 31, 2004 through September 30, 2006.

F6: 75% vests on October 14, 2003, the remaining 25% vests in 4 equal quarterly installments of 6.25%, until fully vested.

F7: 50% vests on October 14, 2003, the remaining 50% vests in 8 equal quarterly installments of 6.25%, until fully vested.

F8: 25% vests on October 14, 2003, the remaining 75% vests in 12 equal quarterly installments of 6.25%, until fully vested.