secwatch.observer — SEC 8-K summary
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Issuer:     AWARE INC /MA/ (AWRE)
CIK:        0001015739
Form:       8-K
Filed at:   2025-05-13T23:59:59+00:00
Accession:  0000950170-25-070273
Event type: other
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Aware adopts 2025 executive bonus plan with revenue, bookings, EBITDA goals
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- Participants: CEO Ajay Amlani, CRO Brian Krause, CTO Mohamed Lazzouni, CFO David Traverse.
- Target bonuses: CEO $183,333, CRO $100,000, CTO $156,245, CFO $94,760.
- Performance metrics: Revenue (60%), Bookings Growth (20%), EBITDA (20%) with threshold and target.
- Revenue goal has enhanced target at 130% of target; up to 300% of target bonus for exceeding it.
- No bonus for any goal unless revenue meets threshold for revenue.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1015739/000095017025070273/0000950170-25-070273-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1015739/000095017025070273/awre-20250509.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-070273

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer