Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
KRUSE ADRIAN F
   2. Issuer Name and Ticker or Trading Symbol
AWARE INC /MA/ [AWRE] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
C/O AWARE INC, 40 MIDDLESEX TURNPIKE		 3. Date of Earliest Transaction (Month/Day/Year)
04/27/2012
(Street)

BEDFORD, MA 01730		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 04/27/2012   M   25,000 A $ 3.27 55,408 D  
Common Stock 04/27/2012   M   10,000 A $ 2.95 65,408 D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Appreciation Right $ 2.52               (2) 05/20/2019 Common Stock 6,000   6,000 D  
Stock Option (right to buy) $ 3.44               (3) 05/23/2018 Common Stock 37,200   37,200 D  
Stock Option (right to buy) $ 5.06               (4) 02/12/2017 Common Stock 27,500 (1)   27,500 D  
Stock Option (right to buy) $ 6.18               (5) 02/16/2015 Common Stock 20,000 (1)   20,000 D  
Stock Option (right to buy) $ 2.95 04/27/2012   M     10,000   (6) 09/08/2014 Common Stock 10,000 (1) $ 2.95 0 D  
Stock Option (right to buy) $ 3.27 04/27/2012   M     25,000   (7) 10/14/2013 Common Stock 25,000 (1) $ 3.27 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
KRUSE ADRIAN F
C/O AWARE INC
40 MIDDLESEX TURNPIKE
BEDFORD, MA 01730		   X      

Signatures

 /s/ Adrian F. Kruse   05/01/2012
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Option was amended on September 9, 2009; the holder shall now have the right to exercise this option within two years after the date of termination of services, but not later than the expiration date of the agreement.
(2) Vests in 8 equal quarterly installments on the last day of each quarter from June 30, 2009 through March 31, 2011 and is exercisable upon the date the reporting person ceases to serve on the board of directors of Aware, Inc. or expiration, whichever is sooner.
(3) Vests in 8 equal quarterly installments on the last day of each quarter from June 30, 2008 through March 31, 2010.
(4) Vests in 16 equal quarterly installments on the last day of each quarter from March 31 2007 through December 31, 2010.
(5) Vests in full on February 16, 2005.
(6) 50% vests on September 8, 2004, the remaining 50% vests in 8 equal quarterly installments of 6.25%, beginning as of December 31, 2004, until fully vested.
(7) Option vests in 16 equal quarterly installments of 6.25%, beginning as of December 31, 2003, until fully vested.

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