Statement of Changes in Beneficial Ownership (4)
September 23 2019 - 11:03AM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
Eckel Robert A |
2. Issuer Name and Ticker or Trading Symbol
AWARE INC /MA/
[
AWRE
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) CEO and President
|
(Last)
(First)
(Middle)
C/O AWARE INC, 40 MIDDLESEX TURNPIKE |
3. Date of Earliest Transaction
(MM/DD/YYYY)
9/19/2019
|
(Street)
BEDFORD, MA 01730
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security (Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code (Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
Common Stock
|
9/19/2019
|
|
A
|
|
20000 (1)
|
A
|
$0
|
20000
|
D
|
|
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security (Instr. 3)
|
2. Conversion or Exercise Price of Derivative Security
|
3. Trans. Date
|
3A. Deemed Execution Date, if any
|
4. Trans. Code (Instr. 8)
|
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
|
6. Date Exercisable and Expiration Date
|
7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)
|
8. Price of Derivative Security (Instr. 5)
|
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
|
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
|
11. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
(A)
|
(D)
|
Date Exercisable
|
Expiration Date
|
Title
|
Amount or Number of Shares
|
Unrestricted Stock Award
|
$0.00
|
9/19/2019
|
|
A
|
|
80000
|
|
(2)
|
(2)
|
Common Stock
|
80000
|
$0.00
|
80000
|
D
|
|
Unrestricted Stock Award
|
$0.00
|
9/19/2019
|
|
A
|
|
15000
|
|
(3)
|
(3)
|
Common Stock
|
15000
|
$0.00
|
15000
|
D
|
|
Stock Option (right to buy)
|
$4.50
|
9/19/2019
|
|
A
|
|
50000
|
|
(4)
|
9/19/2029
|
Common Stock
|
50000
|
$0.00
|
50000
|
D
|
|
Stock Option (right to buy)
|
$5.50
|
9/19/2019
|
|
A
|
|
50000
|
|
(4)
|
9/19/2029
|
Common Stock
|
50000
|
$0.00
|
50000
|
D
|
|
Stock Option (right to buy)
|
$6.50
|
9/19/2019
|
|
A
|
|
50000
|
|
(4)
|
9/19/2029
|
Common Stock
|
50000
|
$0.00
|
50000
|
D
|
|
Stock Option (right to buy)
|
$7.50
|
9/19/2019
|
|
A
|
|
50000
|
|
(4)
|
9/19/2029
|
Common Stock
|
50000
|
$0.00
|
50000
|
D
|
|
Explanation of Responses:
|
(1)
|
The shares were issued on September 19, 2019 and will be forfeited if the reporting person is not serving as a director, officer or employee of the Company or any subsidiary of the Company on March 19, 2020.
|
(2)
|
Shares of unrestricted stock awarded to reporting person under Aware, Inc. 2001 Nonqualified Stock Plan. The shares will be issued as follows; 20,000 shares on September 19, 2020, 20,000 shares on September 19, 2021, 20,000 shares on September 19, 2022, and 20,000 shares on September 19, 2023 provided the reporting person is serving as a director, officer or employee of the Company or any subsidiary of the Company on said dates.
|
(3)
|
Shares of unrestricted stock awarded to reporting person under Aware, Inc. 2001 Nonqualified Stock Plan. 15,000 shares will be issued on December 31, 2019 provided the reporting person is serving as a director, officer or employee of the Company or any subsidiary of the Company on said date.
|
(4)
|
Vests in 16 equal quarterly installments on the last day of each quarter from December 19, 2019 through September 19, 2023.
|
Reporting Owners
|
Reporting Owner Name / Address
|
Relationships
|
Director
|
10% Owner
|
Officer
|
Other
|
Eckel Robert A C/O AWARE INC 40 MIDDLESEX TURNPIKE BEDFORD, MA 01730
|
X
|
|
CEO and President
|
|
Signatures
|
/s/ Robert A. Eckel
|
|
9/23/2019
|
**Signature of Reporting Person
|
Date
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
|
*
|
If the form is filed by more than one reporting person, see Instruction 4(b)(v).
|
**
|
Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
|
Note:
|
File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
|
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
|
Aware (NASDAQ:AWRE)
Historical Stock Chart
From Mar 2024 to Apr 2024
Aware (NASDAQ:AWRE)
Historical Stock Chart
From Apr 2023 to Apr 2024
See More Message Board Posts
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.