0001209191-24-003841.txt : 20240222 0001209191-24-003841.hdr.sgml : 20240222 20240222174541 ACCESSION NUMBER: 0001209191-24-003841 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240220 FILED AS OF DATE: 20240222 DATE AS OF CHANGE: 20240222 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Traverse David K CENTRAL INDEX KEY: 0001998257 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-21129 FILM NUMBER: 24666392 MAIL ADDRESS: STREET 1: 108 ADAMS STREET CITY: DUNSTABLE STATE: MA ZIP: 01827 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: AWARE INC /MA/ CENTRAL INDEX KEY: 0001015739 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 042911026 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 76 BLANCHARD ROAD CITY: BURLINGTON STATE: MA ZIP: 01803 BUSINESS PHONE: 781.382.5160 MAIL ADDRESS: STREET 1: 76 BLANCHARD ROAD CITY: BURLINGTON STATE: MA ZIP: 01803 4 1 doc4.xml FORM 4 SUBMISSION X0508 4 2024-02-20 0 0001015739 AWARE INC /MA/ AWRE 0001998257 Traverse David K 76 BLANCHARD ROAD BURLINGTON MA 01803 0 1 0 0 Principal Financial Officer 0 Stock Option (Right to Buy) 4.73 2024-02-20 4 D 0 100000 D 2031-02-23 Common Stock 100000 0 D Stock Option (Right to Buy) 2.21 2024-02-20 4 A 0 44000 A 2034-02-20 Common Stock 44000 44000 D Fifty percent of the option vested on February 24, 2023, with the remainder vesting in 24 equal monthly installments starting on March 24, 2023. See Remarks 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. On February 20, 2024, the issuer canceled, pursuant to the issuer's option exchange program, an option granted to the reporting person to purchase 100,000 shares of Aware, Inc. common stock ("Shares") at an exercise price of $4.73 per Share. In exchange, the reporting person received a replacement option to purchase 44,000 Shares, having an exercise price of $2.21 per Share. /s/ David K. Travrerse 2024-02-22