4//SEC Filing
Purcell Ernest William 4
Accession 0001144204-18-066792
CIK 0001362190other
Filed
Dec 30, 7:00 PM ET
Accepted
Dec 31, 5:50 PM ET
Size
18.6 KB
Accession
0001144204-18-066792
Insider Transaction Report
Form 4
AUDIOEYE INCAEYE
Purcell Ernest William
Director
Transactions
- Award
Common Stock
2018-12-31+11,280→ 268,681 total
Holdings
- 40,000
Stock Options (right to buy)
Exercise: $4.15From: 2017-07-10Exp: 2022-07-10→ Common Stock (40,000 underlying) - 12,000
Stock Options (right to buy)
Exercise: $4.42Exp: 2021-05-12→ Common Stock (12,000 underlying) - 40,000
Warrants (right to buy)
Exercise: $4.00From: 2015-06-02Exp: 2020-06-02→ Common Stock (40,000 underlying) - 26,801
Series A Convertible Preferred Stock
→ Common Stock (26,801 underlying) - 30,000
Stock Options (right to buy)
Exercise: $1.02Exp: 2020-10-23→ Common Stock (30,000 underlying) - 4,000
Warrants (right to buy)
Exercise: $6.25From: 2016-04-19Exp: 2021-04-18→ Common Stock (4,000 underlying) - 57,334(indirect: Ernest W. Purcell & Anne M. Purcell JTTENN)
Common Stock
- 28,000
Stock Options (right to buy)
Exercise: $4.42Exp: 2021-05-12→ Common Stock (28,000 underlying) - 3,200
Warrants (right to buy)
Exercise: $6.25From: 2016-12-19Exp: 2021-12-19→ Common Stock (3,200 underlying) - 10,000
Stock Options (right to buy)
Exercise: $10.00Exp: 2019-03-03→ Common Stock (10,000 underlying)
Footnotes (9)
- [F1]The reported transaction constitutes a grant of restricted stock units, which were granted under the Issuer's Stock Incentive Plan, subject to vesting and settlement conditions.
- [F2]Mr. Purcell is deemed the beneficial owner of Ernest W. Purcell & Anne M. Purcell JTTENN.
- [F3]The stock option was granted on 7/10/17 and vested immediately.
- [F4]The stock option was granted on 3/3/14 and vests as follows: 20% on grant; 20% every 90 days thereafter.
- [F5]The stock option was granted on 10/19/15 and vests as follows: 50% immediate and 12.5% per quarter thereafter.
- [F6]The stock options were granted on 5/12/16 and vest as follows: 50% immediate; 50% quarterly over succeeding 12 months.
- [F7]The shares of Series A Convertible Preferred Stock of the Issuer ("Series A Preferred Stock") were immediately convertible upon issuance and do not expire.
- [F8]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").
- [F9]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. 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.
Documents
Issuer
AUDIOEYE INC
CIK 0001362190
Entity typeother
Related Parties
1- filerCIK 0001535260
Filing Metadata
- Form type
- 4
- Filed
- Dec 30, 7:00 PM ET
- Accepted
- Dec 31, 5:50 PM ET
- Size
- 18.6 KB