SEC Form 4 · accession 0001144204-18-066790
AUDIOEYE INC · AEYE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alexandre Zyngier
Director
Period of report
Sep 26, 2018
Accepted (ET)
Dec 31, 2018 · 5:43 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001362190
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 31, 2018 | A | 11,280 | — | A | 29,480 | D | |
| Common StockF2 | Oct 29, 2018 | J | 13,384 | $3.75 | A | 63,430 | I | Equity Trust Custodian, FBO Alexandre Zyngier IRA |
| Common StockF3 | holding | — | — | — | 10,400 | I | HZ Investments Family LP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrants (right to buy)F2 | $2.50 | Sep 26, 2018 | J | 20,000 | A | Sep 26, 2018 | Sep 26, 2023 | Common Stock | 20,000 | 20,000 | I |
| Stock Options (right to buy)F5 | $1.025 | holding | — | — | — | — | Oct 23, 2020 | Common Stock | 30,000 | 30,000 | D |
| Stock Options (right to buy)F6 | $4.425 | holding | — | — | — | — | May 12, 2021 | Common Stock | 28,000 | 28,000 | D |
| Stock Options (right to buy)F6 | $4.425 | holding | — | — | — | — | May 12, 2021 | Common Stock | 12,000 | 12,000 | D |
| Warrants (right to buy)F2 | $2.50 | holding | — | — | — | Oct 16, 2015 | Oct 16, 2020 | Common Stock | 40,000 | 40,000 | I |
Explanation of responses
- F1The 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.
- F2Mr. Zyngier is deemed the beneficial owner of Equity Trust Custodian, FBO Alexandre Zyngier IRA.
- F3Mr. Zyngier is deemed the beneficial owner of HZ Investments Family LP.
- F4As previously disclosed, investors in the October 2015 transaction had the right, within a three-year period, to purchase an additional note and warrant. The reporting person exercised their right and received 20,000 warrants on the exercise date and 13,384 shares of common stock following maturity of the note.
- F5The stock options vest as follows: 50% immediate and 12.5% per quarter.
- F6The stock options vest as follows: 50% immediate; 50% quarterly over succeeding 12 months.