0001179110-21-003337.txt : 20210312 0001179110-21-003337.hdr.sgml : 20210312 20210312161355 ACCESSION NUMBER: 0001179110-21-003337 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210311 FILED AS OF DATE: 20210312 DATE AS OF CHANGE: 20210312 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Moradi David CENTRAL INDEX KEY: 0001658843 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38640 FILM NUMBER: 21737561 MAIL ADDRESS: STREET 1: 379 WEST BROADWAY CITY: NEW YORK STATE: NY ZIP: 10021 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Sero Capital LLC CENTRAL INDEX KEY: 0001751296 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38640 FILM NUMBER: 21737560 BUSINESS ADDRESS: STREET 1: 1333 2ND STREET STREET 2: 3RD FLOOR CITY: SANTA MONICA STATE: CA ZIP: 90401 BUSINESS PHONE: (212) 404-6677 MAIL ADDRESS: STREET 1: 1333 2ND STREET STREET 2: 3RD FLOOR CITY: SANTA MONICA STATE: CA ZIP: 90401 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: AUDIOEYE INC CENTRAL INDEX KEY: 0001362190 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 5210 E. WILLIAMS CIRCLE STREET 2: SUITE 750 CITY: TUCSON STATE: AZ ZIP: 85711 BUSINESS PHONE: 866-331-5324 MAIL ADDRESS: STREET 1: 5210 E. WILLIAMS CIRCLE STREET 2: SUITE 750 CITY: TUCSON STATE: AZ ZIP: 85711 4 1 edgar.xml FORM 4 - X0306 4 2021-03-11 0 0001362190 AUDIOEYE INC AEYE 0001658843 Moradi David 119 WASHINGTON AVE. SUITE 403 MIAMI BEACH FL 33139 1 1 1 0 See Remarks 0001751296 Sero Capital LLC 119 WASHINGTON AVE. SUITE 403 MIAMI BEACH FL 33139 1 1 1 0 See Remarks Common Stock 2021-03-11 4 A 0 50000 0 A 388335 D Common Stock 2731265 I Through Sero Capital LLC Represents the grant of performance-based restricted stock units ("PSUs") under the AudioEye, Inc. 2020 Equity Incentive Plan (the "Plan"), which PSUs will be earned and vest upon the earlier of (i) the Volume Weight Average Price ("VWAP") of AudioEye, Inc.'s (the "Issuer") common stock being in excess of $100 on The Nasdaq Stock Market LLC over 20 consecutive trading days prior to March 11, 2026 while David Moradi is serving as Interim Chief Executive Officer or Chief Strategic Officer of the Issuer or (ii) the termination of David Moradi's employment with the Issuer by the Issuer without cause prior to March 11, 2026, and will be settled promptly after the vesting date. Securities of the Issuer held directly by David Moradi, including PSUs and other derivative securities that can be settled solely in stock. 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. David Moradi serves as Interim Chief Executive Officer and Chief Strategy Officer of the Issuer. In addition to the PSUs reported above, on March 11, 2021, David Moradi was granted an additional 50,000 PSUs, which are not included on this Form 4, that will vest upon the Issuer meeting certain revenue targets. /s/ Amra Hoso, Attorney-in-Fact 2021-03-12 /s/ Amra Hoso, Attorney-in-Fact 2021-03-12