SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
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X
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
BRIDGEHAMPTON CAPITAL MANAGEMENT LLC

(Last) (First) (Middle)
2316 MAIN STREET
UNIT G, BOX 1521

(Street)
BRIDGEHAMPTON NY 11932

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Inuvo, Inc. [ INUV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2014
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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(1) 06/30/2014 J(2) 1,902,800 D $0.00(2) 0 I See(3)
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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (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: 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
Warrants $2.2 06/30/2014 J(2) 23,250 06/21/2011 06/20/2016 Common Stock 23,250 (4) 0 D(5)
Warrants $2.2 06/30/2014 J(2) 31,750 06/21/2011 06/20/2016 Common Stock 31,750 (4) 0 D(6)
Warrants $2.2 06/30/2014 J(2) 95,000 06/21/2011 06/20/2016 Common Stock 95,000 (4) 0 D(7)
Explanation of Responses:
1. This Form 4 is filed jointly by Bridgehampton Capital Management LLC ("BCM"), Bridgehampton Value Strategies Fund, Bridgehampton Monument Fund LLC (the "Monument Fund") and Kenneth E. Lee (collectively, the "Reporting Persons"). Each of the Reporting Persons disclaims beneficial ownership of the shares of Common Stock reported herein except to the extent of his or its pecuniary interest therein.
2. Effective June 30, 2014, all securities of the Issuer held by the Value Strategies Fund, the Monument Fund and the Separately Managed Account (as defined below) were transferred to Tocqueville Asset Management, L.P. ("TAM"). Following the transfer, the Value Strategies Fund was reorganized as the Tocqueville Alternative Strategies Fund which is a part of the Tocqueville Trust. The Monument Fund was renamed as Tocqueville Monument Fund LLC. TAM is the investment advisor of the Tocqueville Alternative Strategies Fund, Tocqueville Monument Fund LLC and the Separately Managed Account. BCM no longer has any assets under management. Accordingly, the Reporting Persons are no longer subject to Section 16 of the Securities Exchange Act of 1934, as amended.
3. Reflects securities directly owned by Monument Fund, Bridgehampton Value Strategies Fund and a separate account (the "Separately Managed Account") that was managed by BCM for Charles Morgan.
4. Each Reporting Person received warrants to purchase 0.5 shares of common stock for each share of common stock acquired by such Reporting Person. Accordingly, the purchase price for each share and related warrant was $2.00.
5. Reflects securities directly owned by Monument Fund.
6. Reflects securities directly owned by Bridgehampton Value Strategies Fund.
7. Reflects securities directly owned by the Separately Managed Account.
Remarks:
/s/ Kenneth E. Lee, Authorized Signatory 07/10/2014
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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