Sec Form 4 Filing - Bettis Carr @ AUDIOEYE INC - 2019-07-15

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Bettis Carr
2. Issuer Name and Ticker or Trading Symbol
AUDIOEYE INC [ AEYE]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Exec Chrmn/Chrmn of the Board
(Last) (First) (Middle)
C/O AUDIOEYE, INC., 5210 E. WILLIAMS CIRCLE, SUITE 750
3. Date of Earliest Transaction (MM/DD/YY)
07/15/2019
(Street)
TUCSON, AZ85711
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/15/2019 M( 1 ) 15,785 A $ 3.9 237,045 D
Common Stock 07/15/2019 F( 2 ) 8,468 D $ 7.27 228,577 D
Common Stock 508,988 I CSB IV US Holdings, LLC ( 3 )
Common Stock 18,600 I Carr Bettis IRA ( 4 )
Common Stock 54,856 I J. Carr & Stephanie V. Bettis Revocable Trust, Dated January 1, 2003 ( 5 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Bettis Carr
C/O AUDIOEYE, INC.
5210 E. WILLIAMS CIRCLE, SUITE 750
TUCSON, AZ85711
X X Exec Chrmn/Chrmn of the Board
Signatures
/s/ Dr. Carr Bettis 07/17/2019
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Reflects the exercise of warrants to purchase shares of the Issuer's common stock.
( 2 )Reflects 8,468 shares withheld by the Issuer upon the exercise of warrants to cover the exercise price of the warrants based on the closing sale price of AudioEye, Inc. Common Stock for the trading day immediately prior to the date of exercise, which was $7.27 on July 12, 2019.
( 3 )Dr. Bettis is deemed to be a beneficial owner of CSB IV US Holdings LLC.
( 4 )Dr. Bettis is deemed to be the beneficial owner of the Carr Bettis IRA.
( 5 )Dr. Bettis is deemed to be a beneficial owner of the J. Carr & Stephanie V. Bettis Revocable Trust, dated January 1, 2003.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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