This Amendment No. 11 (this Amendment) to the Statement on Schedule 13D filed on May 1, 2009, as amended pursuant to Amendment No. 1 filed on September 28, 2010, Amendment No. 2 filed on March 11, 2011, Amendment No. 3 filed on April 1, 2011, Amendment No. 4 filed on February 14, 2012, Amendment No. 5 filed on November 20, 2013, Amendment No. 6 filed on February 14, 2014, Amendment No. 7. Filed on November 8, 2016 Amendment No. 8 filed on February 14, 2017, Amendment No. 9 filed on March 27, 2019 and Amendment No. 10 filed on August 13, 2019 (the Schedule 13D) filed on behalf of John S. Stafford, Jr., John S. Stafford, III, Ronin Trading, LLC and Ronin Capital, LLC relating to the Common Stock, par value $.01 per share (the Common Stock), of Aware, Inc., (the Issuer), amends the Schedule 13D as follows:
Item 2 Identity and Background.
Items 2(a) through 2(f) of the Schedule 13D are amended to read as follows:
(a) This Schedule 13D is being filed by John S. Stafford, Jr. John S. Stafford III, Ronin Trading, LLC, a Delaware limited liability company (Ronin Trading), and Ronin Capital, LLC (Ronin Capital) (together, the Reporting Persons).
(b) The business address for the Reporting Persons is 350 N. Orleans, 2N, Chicago, IL 60654.
(c) Ronin Trading and Ronin Capital are each engaged in the business of proprietary trading. Mr. John S. Stafford, III is employed as Chief Executive Officer and President of each of Ronin Capital and Ronin Trading located at 350 N. Orleans Street, Suite 2N, Chicago, IL 60654.
(d) During the past five years, the Reporting Persons have not been convicted in any criminal proceeding (excluding traffic violations and similar misdemeanors).
(e) During the past five years, the Reporting Persons have not been a party to any civil proceeding of a judicial or administrative body of competent jurisdiction which resulted in any judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violations with respect to such laws.
(f) Mr. John S. Stafford, Jr. and Mr. John S. Stafford, III are each a United States citizen.
Item 5. Interest in Securities of the Issuer
(a) In the aggregate, as of June 4, 2020, John S. Stafford, Jr. beneficially owns 346,672 shares of the Issuers Common Stock, representing approximately 1.6% of such class of securities. This percentage of beneficial ownership is based on a total of 21,521,886 shares of the Common Stock outstanding as of April 27, 2020, as reported in the Issuers Form 10-Q for the quarter ended March 31, 2020.
In the aggregate, John S. Stafford, III beneficially owns, as of June 4, 2020, 4,631,368 shares of the Issuers Common Stock, representing approximately 21.5% of such class of securities. Also as of June 4, 2020, Ronin Trading beneficially owns, as of June 4, 2020, 4,621,368 shares of the Issuers Common Stock, representing approximately 21.5% of such class of securities. These percentages of beneficial ownership are based on a total of 21,521,886 shares of the Common Stock outstanding as of April 27, 2020, as reported in the Issuers Form 10-Q for the quarter ended March 31, 2020.
As of June 4, 2020, Ronin Capital did not beneficially own any securities of the Issuer.
(c) Subsequent to the filing of Amendment No. 10 to the Schedule 13D, the Reporting Persons engaged in the following transactions with respect to the Issuers securities within the last 60 days: