Transaction Valuation* | Amount of Filing Fee** |
$531,549 |
$29.66 |
* |
Estimated solely for purposes of determining the filing fee. The calculation of the Transaction Valuation assumes that all outstanding options to purchase shares of Aware, Inc. common stock that may be eligible for exchange in the offer will be exchanged pursuant to the offer. These options cover an aggregate of 1,129,555 shares of Aware,
Inc. common stock and have an aggregate value of $531,549, calculated using the Black-Scholes option pricing model. |
** |
The amount of the filing fee, calculated in accordance with Rule 0-11(b) of the Securities Exchange Act of 1934, as amended, and Fee Rate Advisory #5 for fiscal year 2009, issued March 11, 2009, equals $55.80 per $1,000,000 of the aggregate amount of the Transaction Valuation. The Transaction Valuation set forth above was calculated for the
sole purpose of determining the filing fee and should not be used for any other purpose. |
x |
Check the box if any part of the fee is offset as provided by Rule 0-11(a)(2) and identify the filing with which the offsetting fee was previously paid. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. |
Amount Previously Paid: $29.66 |
|
Filing Party: Aware, Inc. |
Form or Registration No.: Schedule TO-I |
|
Date Filed: December 14, 2009 |
¨ |
Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer. |
¨ |
third-party tender offer subject to Rule 14d-1. |
x |
issuer tender offer subject to Rule 13e-4. |
¨ |
going-private transaction subject to Rule 13e-3. |
¨ |
amendment to Schedule 13D under Rule 13d-2. |
ITEM 4. |
TERMS OF THE TRANSACTION. |
Dated: January 13, 2010 |
Aware, Inc. |
||
|
By: |
/s/ Edmund C. Reiter | |
Name: Edmund C. Reiter |
|||
Title: President & Chief Executive Officer |