Traverse David K 4
4 · AWARE INC /MA/ · Filed Dec 3, 2024
Insider Transaction Report
Form 4
AWARE INC /MA/AWRE
Traverse David K
Chief Financial Officer
Transactions
- Exercise/Conversion
Common stock
2024-12-01+4,240→ 38,754 total - Purchase
Common stock
2024-12-02$1.61/sh+2,500$4,025→ 41,254 total
Holdings
- 18,000
Unrestriced Stock Award
Exercise: $0.00→ Common Stock (18,000 underlying) - 44,000
Stock Option (Right to Buy)
Exercise: $2.21Exp: 2029-11-19→ Common Stock (44,000 underlying) - 100,000
Stock Option (Right to Buy)
Exercise: $2.05Exp: 2034-10-31→ Common Stock (100,000 underlying)
Footnotes (4)
- [F1]Restricted Stock Unit award vested, resulting in 6,000 shares of Common Stock. To satisfy tax withholding obligations, 1,760 shares were withheld, and 4,240 shares were issued.
- [F2]Fifty percent of the option will vest on February 20, 2025, with the remainder vesting in 12 equal monthly installments starting on March 20, 2025.
- [F3]Shares of unrestricted stock awarded to reporting person under 2023 Equity and Incentive Plan of Aware, Inc. The shares will be issued as follows; 6,000 shares on shares on June 1, 2025, 6,000 shares on June 1, 2026 and 6,000 shares on June 1, 2027 provided the reporting person is serving as a director, officer or employee of the Company or any subsidiary of the Company on said dates.
- [F4]Twenty-five percent of the option will vest annually, beginning on October 31, 2025, and continuing on each anniversary thereafter until fully vested on October 31, 2028