AWARE INC /MA/ — Director's Dealing 2021

Feb 26, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AWARE INC /MA/ (AWRE)
CIK: 0001015739
Period of Report: 2021-02-24

Reporting Person: Eckel Robert A (Director, CEO & President)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-24	Stock Option (right to buy)	$4.73	A	1250000	Acquired	2031-02-23	Common Stock (1250000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	143422	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to buy)	$4.50	2029-09-19	Common Stock (50000)	50000	Direct
Stock Option (right to buy)	$5.50	2029-09-19	Common Stock (50000)	50000	Direct
Stock Option (right to buy)	$6.50	2029-09-19	Common Stock (50000)	50000	Direct
Stock Option (right to buy)	$7.50	2029-09-19	Common Stock (50000)	50000	Direct

Footnotes

F1: 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.

F2: Vests in 16 equal quarterly installments on the last day of each quarter from December 19, 2019 through September 19, 2023.