3//SEC Filing
Sero Capital LLC 3
Accession 0000899243-18-023721
CIK 0001362190other
Filed
Sep 3, 8:00 PM ET
Accepted
Sep 4, 4:31 PM ET
Size
16.0 KB
Accession
0000899243-18-023721
Insider Transaction Report
Form 3
AUDIOEYE INCAEYE
Sero Capital LLC
10% Owner
Holdings
- 155,169
Common Stock
- 1,656,740(indirect: By LLC)
Common Stock
Warrants (right to buy)
Exercise: $10.00From: 2014-01-30Exp: 2020-01-15→ Common Stock (57,334 underlying)Series A Convertible Preferred Stock
→ Common StockWarrants (right to buy)
Exercise: $15.00From: 2015-01-15Exp: 2020-01-15→ Common Stock (56,250 underlying)Warrants (right to buy)
Exercise: $6.25From: 2016-04-19Exp: 2021-04-19→ Common Stock (4,000 underlying)- (indirect: By LLC)
Warrants (right to buy)
Exercise: $2.50From: 2017-11-17Exp: 2022-11-17→ Common Stock (295,000 underlying) - (indirect: By LLC)
Warrants (right to buy)
Exercise: $2.50From: 2015-11-06Exp: 2020-11-06→ Common Stock (590,000 underlying) - (indirect: By LLC)
Warrants (right to buy)
Exercise: $6.25From: 2018-08-23Exp: 2022-09-29→ Common Stock (42,858 underlying)
Moradi David
DirectorCHIEF EXECUTIVE OFFICER10% Owner
Holdings
Warrants (right to buy)
Exercise: $10.00From: 2014-01-30Exp: 2020-01-15→ Common Stock (57,334 underlying)Warrants (right to buy)
Exercise: $15.00From: 2015-01-15Exp: 2020-01-15→ Common Stock (56,250 underlying)Warrants (right to buy)
Exercise: $6.25From: 2016-04-19Exp: 2021-04-19→ Common Stock (4,000 underlying)- (indirect: By LLC)
Warrants (right to buy)
Exercise: $2.50From: 2015-11-06Exp: 2020-11-06→ Common Stock (590,000 underlying) - (indirect: By LLC)
Warrants (right to buy)
Exercise: $2.50From: 2017-11-17Exp: 2022-11-17→ Common Stock (295,000 underlying) - (indirect: By LLC)
Warrants (right to buy)
Exercise: $6.25From: 2018-08-23Exp: 2022-09-29→ Common Stock (42,858 underlying) Series A Convertible Preferred Stock
→ Common Stock- 155,169
Common Stock
- 1,656,740(indirect: By LLC)
Common Stock
Footnotes (5)
- [F1]Securities of AudioEye, Inc. (the "Issuer") held directly by David Moradi.
- [F2]Securities of the Issuer held directly by Sero Capital LLC ("Sero Capital"). David Moradi is the Sole Member of Sero Capital and may be deemed to direct all voting and investment decisions made by Sero Capital.
- [F3]The shares of Series A Convertible Preferred Stock of the Issuer ("Series A Preferred Stock") were immediately convertible upon issuance and do not expire.
- [F4]Each share of Series A Preferred Stock shall be convertible, at any time and from time to time into that number of shares of the Issuer's common stock determined by dividing $10 (the "Stated Value") plus any accrued dividends with respect to such share by the Conversion Price of $4.385, subject to adjustment as described in the Certificate of Designations for the Series A Preferred Stock (the "Series A COD"). Holders of shares of Series A Preferred Stock are entitled to receive, when, as and if declared by the Board of Directors of the Issuer, cumulative dividends at the annual rate of 5% of the Stated Value per share of Series A Preferred Stock. Such dividends shall accrue on each such share commencing on the date of issue, and shall accrue from day to day, whether or not earned or declared.
- [F5](Continued from Footnote 4) Subject to the terms of the Series A COD, at any time the Issuer shall be entitled to redeem any or all of the outstanding shares of Series A Preferred Stock at a per share price equal to 125% of the Stated Value plus accumulated dividends, payable in cash.
Issuer
AUDIOEYE INC
CIK 0001362190
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001751296
Filing Metadata
- Form type
- 3
- Filed
- Sep 3, 8:00 PM ET
- Accepted
- Sep 4, 4:31 PM ET
- Size
- 16.0 KB