Katherine E. Fleming - Mar 24, 2023 Form 4 Insider Report for AUDIOEYE INC (AEYE)

Role
Director
Signature
/s/ James Spolar, Attorney-in-Fact
Stock symbol
AEYE
Transactions as of
Mar 24, 2023
Transactions value $
$2,745
Form type
4
Date filed
3/28/2023, 06:22 PM
Previous filing
Jun 15, 2021
Next filing
Apr 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEYE Common Stock Award $888 +229 $3.88 229 Mar 24, 2023 Direct F1
transaction AEYE Common Stock Award $1.86K +459 +200.44% $4.05 688 Mar 24, 2023 Direct F2
transaction AEYE Common Stock Award $0 +774 +112.5% $0.00 1.46K Mar 24, 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the grant of restricted stock units ("RSUs") under the AudioEye, Inc. 2020 Equity Incentive Plan (the "Plan") in lieu of prorated non-employee director quarterly cash compensation of $888, which RSUs vested on the grant date and will be settled on the earlier of (i) the third anniversary of the grant date, (ii) immediately prior to the closing of a change in control, but in no case later than 90 days following the change in control, and (iii) the calendar year following the year of death, with payment being made in no case later than the end of the year following the year of death.
F2 Reflects the grant of RSUs under the Plan, in lieu of prorated non-employee director annual cash compensation of $1,858, which RSUs will vest on the earlier of (a) one year following the date of the grant or (b) immediately prior to the next annual meeting of stockholders following the date of grant, provided the director's service has not terminated prior to such date. Any of these vested RSUs will be settled on the earlier of (i) the 7th anniversary of the grant date, (ii) immediately prior to the closing of a change in control, but in no case later than 90 days following the change in control, or (iii) the calendar year following the year of death, with payment made no later than the end of the year following the year of death.
F3 Reflects the grant of RSUs under the Plan that represents the prorated annual equity award to non-employee directors that will vest on the earlier of (a) one year following the date of the grant or (b) immediately prior to the next annual meeting of stockholders following the date of grant, provided the director's service has not terminated prior to such date. Any of these vested RSUs will be settled on the earlier of (i) the 7th anniversary of the grant date, (ii) immediately prior to the closing of a change in control, but in no case later than 90 days following the change in control, or (iii) the calendar year following the year of death, with payment made no later than the end of the year following the year of death.