Home/Filings/4/0001188112-04-001355
4//SEC Filing

TZANNES MICHAEL A 4

Accession 0001188112-04-001355

CIK 0001015739other

Filed

Sep 9, 8:00 PM ET

Accepted

Sep 10, 7:57 PM ET

Size

17.3 KB

Accession

0001188112-04-001355

Insider Transaction Report

Form 4
Period: 2004-09-08
TZANNES MICHAEL A
DirectorChief Executive Officer
Transactions
  • Award

    Stock Option (right to buy)

    2004-09-08$2.95/sh+88,585$261,32688,585 total
    Exercise: $2.95Exp: 2014-09-08Common Stock (88,585 underlying)
  • Award

    Stock Option (right to buy)

    2004-09-08$2.95/sh+36,415$107,42436,415 total
    Exercise: $2.95Exp: 2014-09-08Common Stock (36,415 underlying)
Holdings
  • Common Stock

    87,215
  • Stock Option (right to buy)

    Exercise: $3.27Exp: 2013-10-14Common Stock (41,251 underlying)
    41,251
  • Stock Option (right to buy)

    Exercise: $3.27Exp: 2013-10-14Common Stock (18,749 underlying)
    18,749
  • Stock Option (right to buy)

    Exercise: $3.27Exp: 2013-10-14Common Stock (87,501 underlying)
    87,501
  • Stock Option (right to buy)

    Exercise: $3.27Exp: 2013-10-14Common Stock (75,000 underlying)
    75,000
  • Stock Option (right to buy)

    Exercise: $3.27Exp: 2013-10-14Common Stock (30,581 underlying)
    30,581
  • Stock Option (right to buy)

    Exercise: $3.27Exp: 2013-10-14Common Stock (200,670 underlying)
    200,670
Footnotes (8)
  • [F1]Includes 1,000 and 977 shares acquired under the Aware, Inc. Employee Stock Purchase Plan on December 1, 2003 and June 1, 2004, respectively, in a transaction exempt from Section 16(b) under rule 16b-3(c).
  • [F2]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.
  • [F3]Vests in full on October 14, 2003.
  • [F4]75% vests on October 14, 2003, the remaining 25% vests in 4 equal quarterly installments of 6.25%, until fully vested.
  • [F5]50% vests on October 14, 2003, the remaining 50% vests in 8 equal quarterly installments of 6.25%, until fully vested.
  • [F6]25% vests on October 14, 2003, the remaining 75% vests in 12 equal quarterly installments of 6.25%, until fully vested.
  • [F7]In addition, the reporting person directly owns a stock option (right to buy) to purchase 896 shares of common stock of the issuer at an exercise price of $1.30 per share. According to its terms, this option expires on December 11, 2005 and becomes exercisable as follows: 709 shares vest on January 1, 1996; 709 shares vest each month thereafter through December 1, 1996; 896 shares vest after every month from January 1, 1997 through November 1, 1998; the remaining 884 shares vest on December 11, 1998.
  • [F8]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.

Documents

1 file

Issuer

AWARE INC /MA/

CIK 0001015739

Entity typeother

Related Parties

1
  • filerCIK 0001220558

Filing Metadata

Form type
4
Filed
Sep 9, 8:00 PM ET
Accepted
Sep 10, 7:57 PM ET
Size
17.3 KB