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 OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      
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                    _____ 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/YYYY)
1/13/2021
(Street)
TUCSON, AZ 85711
(City)       (State)       (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)
 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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  1/13/2021    M    80000  A $0.95  409497  D   
Common Stock  1/13/2021    F    3023 (1) D $25.14  406474  D   
Common Stock                 492728  I  CSB IV US Holdings, LLC (2)
Common Stock                 18600  I  Carr Bettis IRA (3)
Common Stock                 54856  I  J. Carr & Stephanie V. Bettis Revocable Trust, Dated January 1, 2003 (4)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 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
Stock Option (right to buy)  $0.95  1/13/2021    M        80000    (5) 1/15/2021  Common Stock  80000  $0  0  D   

Explanation of Responses:
(1)  Represents the number of already-owned shares delivered by the reporting person to pay the exercise price of the option exercise reported herein.
(2)  Dr. Bettis is deemed to be a beneficial owner of CSB IV US Holdings LLC.
(3)  Dr. Bettis is deemed to be the beneficial owner of the Carr Bettis IRA.
(4)  Dr. Bettis is deemed to be a beneficial owner of the J. Carr & Stephanie V. Bettis Revocable Trust, dated January 1, 2003.
(5)  Fully vested.

Remarks:
Exhibit List: Exhibit 24-Power of Attorney

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, AZ 85711
X
Exec Chrmn/Chrmn of the Board

Signatures
/s/ James Spolar, Attorney-in-Fact 1/15/2021
**Signature of Reporting Person Date