Filing Details
- Accession Number:
- 0000950170-25-086735
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-06-16 16:14:25
- Reporting Period:
- 2025-06-12
- Filing Date:
- 2025-06-16
- Accepted Time:
- 2025-06-16 16:14:25
- 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 |
Transaction Summary
Purchased: | 10,000 shares | Avg. Price: $1.70 | Total Value: $17,000.00 |
Number of Shares After Transactions: | 804,873 shares |
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 | 2025-06-12 | 10,000 | $1.70 | 450,273 | No | 4 | P | Direct | |
Common Stock | Acquisiton | 2025-06-13 | 354,600 | $0.00 | 804,873 | No | 4 | A | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct | |
No | 4 | A | Direct |
Footnotes
- Pursuant to an amendment of his employment agreement, Mr. Amlani and Aware agreed that Mr. Amlani's base salary for the period from January 1, 2026 through December 31, 2027 will be paid 25% in cash and 75% in restricted stock units of the Company. Accordingly, on June 13, 2025, Aware granted Mr. Amlani an award of restricted stock units with a fair value of $600,000 and representing the right to receive 354,600 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 twenty-four equal monthly installments on the 16th day of each month with the first vesting to occur on January 16, 2026 and with the final vesting to occur on December 16, 2027.