David Moradi - 04 Dec 2024 Form 4 Insider Report for AUDIOEYE INC (AEYE)

Role: CHIEF EXECUTIVE OFFICER, Director, 10%+ Owner
Signature: /s/ Christine G. Long, Attorney-in-Fact
Issuer symbol: AEYE
Transactions as of: 04 Dec 2024
Transactions value $: -$21,600,000
Form type: 4
Filing time: 06 Dec 2024, 16:02:04 UTC
Previous filing: 14 Nov 2024
Next filing: 20 Dec 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AEYE	Common Stock	Sale	-$21.6M	-900K	-32.56%	$24.00	1.86M	04 Dec 2024	Through Sero Capital LLC	F1, F2
holding	AEYE	Common Stock						863K	04 Dec 2024	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On December 4, 2024, the reporting person sold shares of common stock of the issuer to Needham & Company, LLC, as the representative of the underwriters (the "Representative"), pursuant to an Underwriting Agreement, dated as of December 4, 2024, by and among the reporting person, the other selling stockholders, the issuer and the Representative in connection with the issuer's previously disclosed secondary offering.
F2	Securities of the Issuer held directly by Sero Capital LLC ("Sero Capital"). David Moradi is the Managing Partner of Sero Capital and may be deemed to direct all voting and investment decisions made by Sero Capital.

Content

On December 4, 2024, the reporting person sold shares of common stock of the issuer to Needham & Company, LLC, as the representative of the underwriters (the "Representative"), pursuant to an Underwriting Agreement, dated as of December 4, 2024, by and among the reporting person, the other selling stockholders, the issuer and the Representative in connection with the issuer's previously disclosed secondary offering.

Securities of the Issuer held directly by Sero Capital LLC ("Sero Capital"). David Moradi is the Managing Partner of Sero Capital and may be deemed to direct all voting and investment decisions made by Sero Capital.