SEC Form 4 · accession 0001179110-17-000072
AWARE INC /MA/ · AWRE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John S Stafford Jr.
Director
Period of report
Jan 3, 2017
Accepted (ET)
Jan 3, 2017 · 4:31 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001015739
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 1, 2016 | G | 35,000 | $0.00 | D | 0 | D | |
| Common StockF1 | Nov 1, 2016 | G | 35,000 | $0.00 | A | 321,671 | I | By Revocable Trust |
| Common StockF2 | Jan 3, 2017 | M | 5,000 | $0.00 | A | 5,000 | D | |
| Common StockF3 | Jan 3, 2017 | G | 5,000 | $0.00 | D | 0 | D | |
| Common StockF3 | Jan 3, 2017 | G | 5,000 | $0.00 | A | 326,671 | I | By Revocable Trust |
| Common StockF4 | holding | — | — | — | 275,899 | I | By Proxy |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted Stock Award (Right to Acquire)F2 | $0.00 | Jan 3, 2017 | M | 5,000 | D | — | — | Common Stock | 5,000 | 0 | D |
Explanation of responses
- F1On November 1, 2016, the reporting person gifted 35,000 shares of common stock to a revocable trust controlled by the reporting person.
- F2On January 3, 2017, the reporting person received 5,000 shares of unrestricted common stock, which were previously granted on March 28, 2016 subject to his continued service as a director, officer or employee of the Company.
- F3On January 3, 2017, the reporting person gifted 5,000 shares of common stock to a revocable trust controlled by the reporting person.
- F4The reporting person has obtained proxies from the holders of 275,899 shares of common stock granting him the exclusive right to vote those shares of common stock. The reporting person does not have the right to dispose of such shares of common stock nor does he have any pecuniary interest in such shares of common stock. Accordingly, pursuant to Rule 13d-4, the reporting person disclaims beneficial ownership of the 275,899 shares of common stock that are the subject of these proxies.