Filing Details

Accession Number:
0000950170-25-040285
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-03-17 16:15:42
Reporting Period:
2025-03-13
Filing Date:
2025-03-17
Accepted Time:
2025-03-17 16:15:42
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1015739 Aware Inc AWRE Services-Prepackaged Software (7372) 042911026
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
2054667 K Ajay Amlani 76 Blanchard Road
Burlington MA 01803
President & Ceo No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2025-03-13 166,229 $0.00 415,173 No 4 A Direct
Common Stock Acquisiton 2025-03-14 11,100 $1.62 415,173 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 P Direct
Footnotes
  1. Pursuant to an amendment of his employment agreement, Mr. Amlani and Aware agreed that Mr. Amlani's base salary for the period from March 16, 2025 through December 31, 2025 will be paid 20% in cash and 80% in restricted stock units of the Company. Accordingly, on March 13, 2025, Aware granted Mr. Amlani an award of restricted stock units with a fair value of $253,333 and representing the right to receive 166,229 shares of common stock of Aware. The value of such restricted stock units was based on the average closing price of Aware's common stock as reported by Nasdaq on the five consecutive trading days ending on the date such restricted stock units were granted. Such restricted stock units will vest in nine equal monthly installments on the 16th day of each month with the first vesting to occur on April 16, 2025 and with the final vesting to occur on December 16, 2025.