AWARE INC /MA/ — Director's Dealing 2021

Oct 6, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AWARE INC /MA/ (AWRE)
CIK: 0001015739
Period of Report: 2021-10-01

Reporting Person: Mungovan Robert M (Chief Commercial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-10-01	Common Stock	M	10000	$0.00	Acquired	146280	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Unrestricted Stock Award	$0.00		Common Stock (20000)	20000	Direct
Stock Option (right to buy)	$4.73	2031-02-23	Common Stock (280000)	280000	Direct
Stock Option (right to buy)	$4.50	2029-10-01	Common Stock (25000)	25000	Direct
Stock Option (right to buy)	$5.50	2029-10-01	Common Stock (25000)	25000	Direct
Stock Option (right to buy)	$6.50	2029-10-01	Common Stock (25000)	25000	Direct
Stock Option (right to buy)	$7.50	2029-10-01	Common Stock (25000)	25000	Direct

Footnotes

F1: Unrestricted stock award awarded to reporting person under Aware, Inc. 2001 Nonqualified Stock Plan. The unrestricted stock award will vest and unrestricted shares of Aware, Inc. common stock will be issued to the reporting person as follows: 10,000 shares on October 1, 2022 and 10,000 shares on October 1m 2023, 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: 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 January 1, 2020 through October 1, 2023.