X0303 4 2010-01-16 0 0000941685 IMAGEWARE SYSTEMS INC IWSY.PK 0001307921 Hamm G Steve IMAGEWARE SYSTEMS, INC. 10883 THORNMINT RD. SAN DIEGO CA 92127 1 0 0 0 Stock Options 1.45 2010-01-16 4 D 0 5000 D 2018-01-02 Common Stock 5000 5000 D Stock Options 1.99 2010-01-16 4 D 0 5000 D 2016-01-13 Common Stock 5000 5000 D Stock Options 2.45 2010-01-16 4 D 0 10000 D 2014-11-03 Common Stock 10000 5000 D Stock Options 2.49 2010-01-16 4 D 0 5000 D 2017-04-03 Common Stock 5000 5000 D Stock Options 2.74 2010-01-16 4 D 0 2000 D 2015-02-03 Common Stock 2000 5000 D Restricted Stock 0 2010-01-16 4 A 0 16200 0 A Common Stock 16200 16200 D The cancelled options provided vesting of one third on 1/1/2009, and installments of one-eighth of the remainder per quarter over the following eight quarters thereafter. On January 16, 2010, the issuer cancelled, pursuant to the issuer's option exchange program, certain options granted to the reporting person on November 3, 2004, February 3, 2005, January 13, 2006, April 3, 2007, and January 2, 2008. In exchange for the options cancelled, the reporting person received a grant of 16,200 shares of restricted stock subject to a three-year vesting schedule, vesting one-twelfth on each quarterly anniversary of the grant date. The cancelled options provided vesting of one third on 1/13/2007, and installments of one-eighth of the remainder per quarter over the following eight quarters thereafter. The cancelled options provided vesting of one third on 11/3/2005, and installments of one-eighth of the remainder per quarter over the following eight quarters thereafter. The cancelled options provided vesting of one third on 4/2/2008, and installments of one-eighth of the remainder per quarter over the following eight quarters thereafter. The cancelled options provided vesting of one third on 2/3/2006, and installments of one-eighth of the remainder per quarter over the following eight quarters thereafter. Not Applicable. Wayne G. Wetherell, Attorney in Fact for G. Steve Hamm 2010-01-20