David Moradi - May 20, 2022 Form 4 Insider Report for AUDIOEYE INC (AEYE)

Role
CHIEF EXECUTIVE OFFICER, Director, 10%+ Owner
Signature
/s/ James Spolar, Attorney-in-Fact
Stock symbol
AEYE
Transactions as of
May 20, 2022
Transactions value $
$0
Form type
4
Date filed
5/24/2022, 04:32 PM
Previous filing
Dec 2, 2021
Next filing
Jan 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEYE Common Stock Award $0 +400K +81.26% $0.00 892K May 20, 2022 Direct F1, F2
holding AEYE Common Stock 2.86M May 20, 2022 Through Sero Capital LLC F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units granted under the AudioEye, Inc. 2020 Equity Incentive Plan, which vest as follows: 111,706 RSUs will vest on each of January 20, 2023, January 20, 2024 and January 20, 2025, and the remaining 64,882 RSUs will vest on August 20, 2025.
F2 Reflects the cancellation of 50,000 performance-based restricted stock units that were originally reported on a Form 4 filed on March 12, 2021.
F3 Securities of the Issuer held directly by Sero Capital LLC ("Sero Capital"). David Moradi is the Managing Partner of Sero Capital and may be deemed to direct all voting and investment decisions made by Sero Capital.