CHRISTOPHER HUNDLEY - 19 Dec 2021 Form 4 Insider Report for AUDIOEYE INC (AEYE)

Role
President
Signature
/s/ James Spolar, Attorney-in-Fact
Issuer symbol
AEYE
Transactions as of
19 Dec 2021
Net transactions value
$0
Form type
4
Filing time
21 Dec 2021, 16:51:55 UTC
Previous filing
18 Nov 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 Options Exercise +6,110 +8.7% 76,166 19 Dec 2021 Direct F1

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 Performance Stock Units Options Exercise -6,110 -26% 17,446 19 Dec 2021 Common Stock 6,110 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance stock unit ("PSU") represents a contingent right to receive one share of AudioEye Inc. common stock.
F2 6,110 of the PSUs vested on December 19, 2021, and the remainder of the PSUs will be earned and vest, if at all, as follows: (i) 7,852 based on satisfaction of performance conditions for 2022, (ii) 7,852 based on satisfaction of performance conditions for 2023, and (iii) 1,742 based on the satisfaction of performance conditions for 2024, in each case subject to the reporting person's continued service through the applicable vesting date.