Bettis Carr - 24 May 2021 Form 4 Insider Report for AUDIOEYE INC (AEYE)

Role
Exec Chrmn/Chrmn of the Board, Director
Signature
/s/ James Spolar, Attorney-in-Fact
Issuer symbol
AEYE
Transactions as of
24 May 2021
Net transactions value
$0
Form type
4
Filing time
25 Jun 2021, 17:23:22 UTC
Previous filing
18 May 2021
Next filing
02 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEYE Common Stock Conversion of derivative security +30,778 +7.2% 459,175 24 May 2021 CSB IV US Holdings LLC F1, F2, F5
holding AEYE Common Stock 18,600 24 May 2021 Carr Bettis IRA F3, F5
holding AEYE Common Stock 407,854 24 May 2021 Direct F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AEYE Series A Convertible Preferred Stock Conversion of derivative security $0 -10,000 -100% $0.000000* 0 24 May 2021 Common Stock 30,778 CSB IV US Holdings LLC F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Series A Convertible Preferred Stock is convertible into that number of shares of common stock determined by dividing $10 plus any accrued dividends by the conversion price of $4.385.
F2 Dr. Bettis is deemed to be a beneficial owner of CSB IV US Holdings LLC. Shares shown as held by CSB IV US Holdings LLC include shares previously held by the J. Carr & Stephanie V. Bettis Revocable Trust, dated January 1, 2003, which trust was revoked with respect to such shares and such shares were transferred to CSB IV US Holdings LLC.
F3 Dr. Bettis is deemed to be a beneficial owner of Carr Bettis IRA.
F4 The shares of Series A Convertible Preferred Stock were immediately convertible upon issuance and do not expire.
F5 All amounts reported in Column 5 reflect amounts held as of the date of the filing of this report.