AWARE INC /MA/ — Director's Dealing 2014

May 7, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AWARE INC /MA/ (AWRE)
CIK: 0001015739
Period of Report: 2014-05-05

Reporting Person: Ronin Capital, LLC (10% Owner)
Reporting Person: STAFFORD JOHN S III (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-05-05	Common Stock	P	800	$5.44	Acquired	3218437	Direct
2014-05-06	Common Stock	P	3500	$5.48	Acquired	3221937	Direct

Footnotes

F1: The 800 shares were purchased at an average price of $5.44 per share. The actual price per share purchased ranged from $5.41 to $5.47 per share.

F2: The reported shares of common stock of Aware Inc. are held in a Class C Capital Account of John S. Stafford, III at Ronin Capital, LLC ("Ronin"), a limited liability company owned and managed by Mr. Stafford. Mr. Stafford is the indirect beneficial owner of all of the shares of common stock of Aware Inc. held of record by Ronin.