McGrath Mark G 4
4 · AWARE INC /MA/ · Filed May 4, 2012
Insider Transaction Report
Form 4
AWARE INC /MA/AWRE
McGrath Mark G
Director
Transactions
- Exercise/Conversion
Common Stock
2012-05-03$5.30/sh+25,000$132,500→ 251,721 total - Exercise/Conversion
Stock Option (right to buy)
2012-05-03$5.30/sh−25,000$132,500→ 0 totalExercise: $5.30Exp: 2013-09-07→ Common Stock (25,000 underlying)
Holdings
- 6,000
Stock Appreciation Right
Exercise: $2.52Exp: 2019-05-20→ Common Stock (6,000 underlying)
Footnotes (3)
- [F1]Option was amended on September 9, 2009; the holder shall now have the right to exercise this option within two years after the date of termination of services, but not later than the expiration date of the agreement.
- [F2]Vests in 8 equal quarterly installments on the last day of each quarter from June 30, 2009 through March 31, 2011 and is exercisable upon the date the reporting person ceases to serve on the board of directors of Aware, Inc. or expiration, whichever is sooner.
- [F3]Options vest in 16 equal quarterly installments of 6.25%, beginning as of September 30, 2006, until fully vested.