Sec Form 13G Filing - Purcell Ernest William filing for AUDIOEYE INC (AEYE) - 2020-02-14

NAMES OF REPORTING PERSONS

Ernest Purcell

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(See Instructions)

(a)       ¨

(b)       ¨

SEC USE ONLY

CITIZENSHIP OR PLACE OF ORGANIZATION

United States

SOLE VOTING POWER

SHARED VOTING POWER

0 shares

SOLE DISPOSITIVE POWER

482,266 shares⁽¹⁾

SHARED DISPOSITIVE POWER

0 shares

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

482,266 shares⁽¹⁾

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

(See Instructions)

¨     

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

5.3%⁽²⁾  

 TYPE OF REPORTING PERSON (See Instructions)

IN   

Name of Issuer:

AudioEye, Inc.

Address of Issuer’s Principal Executive Offices:

5210 E. Williams Circle, Suite 750, Tucson, AZ 85711

Name of Person Filing:

Ernest Purcell

Address of Principal Business Office or, if none, Residence:

c/o AudioEye, Inc., 5210 E. Williams Circle, Suite 750, Tucson, AZ 85711

Citizenship:

Ernest Purcell - United States citizen

Title of Class of Securities:

Common Stock

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

(a)      ¨  Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);

(b)      ¨  Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);

(c)      ¨  Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);

(d)      ¨  Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);

(e)      ¨ & #xA0;An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

(f)      ¨  An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

(g)      ¨  A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);

(h)     ¨  A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)      ¨  A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j)      ¨  A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J);

(k)      ¨  Group, in accordance with §240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution.

Not applicable

Ownership:

The following information with respect to the ownership of AudioEye, Inc.’s Common Stock by the Reporting Persons is provided as of December 31, 2018:

(a)            Amount beneficially owned: See Row 9 of cover page for each Reporting Person.

(b)           Percent of class: See Row 11 of cover page for each Reporting Person.

(c)            Number of shares as to which the person has:

(i)       Sole power to vote or to direct the vote: See Row 5 of cover page for each Reporting Person.

(ii)       Shared power to vote or to direct the vote: See Row 6 of cover page for each Reporting Person.

(iii)      Sole power to dispose or to direct the disposition of: See Row 7 of cover page for each Reporting Person.

(iv)      Shared power to dispose or to direct the disposition of: See Row 8 of cover page for each Reporting Person.

Ownership of Five Percent or Less of a Class:

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following:    ¨

Ownership of More than Five Percent on Behalf of Another Person:

Not applicable

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person:

Not applicable

Identification and Classification of Members of the Group:

Not applicable

Notice of Dissolution of Group:

Not applicable

Certifications:

Not applicable