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AWARE INC /MA/ — Director's Dealing 2011
Jan 10, 2011
34571_dirs_2011-01-10_dd4c7ab5-789f-4fae-92bc-bcdbfae0b172.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: AWARE INC /MA/ (AWRE)
CIK: 0001015739
Period of Report: 2011-01-10
Reporting Person: TZANNES MICHAEL A (Director, Executive Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-01-07 | Common Stock | A | 35714 | — | Acquired | 126747 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Unrestricted Stock Award | $0 | Common Stock (107143) | 107143 | Direct | |
| Stock Appreciation Right | $2.52 | 2019-05-20 | Common Stock (32000) | 32000 | Direct |
| Stock Option (right to buy) | $3.44 | 2018-05-23 | Common Stock (172800) | 172800 | Direct |
| Stock Option (right to buy) | $6.07 | 2015-02-09 | Common Stock (1287) | 1287 | Direct |
| Stock Option (right to buy) | $6.07 | 2015-02-09 | Common Stock (248713) | 248713 | Direct |
| Stock Option (right to buy) | $6.07 | 2015-02-09 | Common Stock (550000) | 550000 | Direct |
| Stock Option (right to buy) | $2.95 | 2014-09-08 | Common Stock (88585) | 88585 | Direct |
| Stock Option (right to buy) | $2.95 | 2014-09-08 | Common Stock (36415) | 36415 | Direct |
| Stock Option (right to buy) | $3.27 | 2013-10-14 | Common Stock (30581) | 30581 | Direct |
| Stock Option (right to buy) | $3.27 | 2013-10-14 | Common Stock (200670) | 200670 | Direct |
| Stock Option (right to buy) | $3.27 | 2013-10-14 | Common Stock (18749) | 18749 | Direct |
| Stock Option (right to buy) | $3.27 | 2013-10-14 | Common Stock (41251) | 41251 | Direct |
| Stock Option (right to buy) | $3.27 | 2013-10-14 | Common Stock (87501) | 87501 | Direct |
| Stock Option (right to buy) | $3.27 | 2013-10-14 | Common Stock (75000) | 75000 | Direct |
Footnotes
F1: Shares of unrestricted stock issued to reporting person on January 7, 2011.
F2: Shares of unrestricted stock awarded to reporting person under Aware, Inc. 2001 Nonqualified Stock Plan. The shares will be issued as follows; 35,714 shares on December 31, 2010, 35,714 shares on June 30, 2011, 35,714 shares on December 31, 2011, and 35,715 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.
F3: Option was amended on September 9, 2009; the holder shall now have the right to exercise this option within two years after the date of termination of services, but not later than the expiration date of the agreement.
F4: Vests in 8 equal quarterly installments on the last day of each quarter from June 30, 2009 through March 31, 2011 and is exercisable upon the date the reporting person ceases to be paid by Aware, Inc. for services or expiration, whichever is sooner.
F5: Vests in 16 equal quarterly installments on the last day of each quarter from June 30, 2008 through March 31, 2012.
F6: Vests in full on February 9, 2005.
F7: 50% vests on September 8, 2004, the remaining 50% vests in 8 equal quarterly installments of 6.25%, beginning as of December 31, 2004, until fully vested.
F8: Vests in full on October 14, 2003.
F9: 75% vests on October 14, 2003, the remaining 25% vests in 4 equal quarterly installments of 6.25%, until fully vested.
F10: 50% vests on October 14, 2003, the remaining 50% vests in 8 equal quarterly installments of 6.25%, until fully vested.
F11: 25% vests on October 14, 2003, the remaining 75% vests in 12 equal quarterly installments of 6.25%, until fully vested.
F12: Option received by reporting person in exchange for cancellation of one or more options on April 3, 2003 pursuant to issuer's option exchange program.