Inuvo, Inc. — Director's Dealing 2014

Jan 3, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Inuvo, Inc. (INUV)
CIK: 0000829323
Period of Report: 2013-12-31

Reporting Person: MORGAN CHARLES D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-12-31	Common Stock	M	20000.0000	$0.0000	Acquired	1228315.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-12-31	Restricted Stock Unit	$	M	20000.0000	Disposed	2013-12-31	Common Stock (20000.0000)	Direct

Footnotes

F1: The account is separately managed by Bridgehampton Capital Management LLC ("BCM") for Mr. Morgan. Mr. Morgan is a member of BCM. BCM is the advisor to Bridgehampton Value Strategies Fund (f/k/a Multi Strategy Fund LLC)("Value Strategies Fund") and the sole manager of Bridgehampton Monument Fund LLC ("Monument Fund") and, together with the Value Strategies Fund, the "Funds") and the manager of an account that holds securities of the issuer owned by Mr. Morgan. The Funds separately hold securities in the issuer. Mr. Morgan has joint trading authority with respect to the securities of the issuer held by the Funds. Therefore, Mr. Morgan may be deemed to share beneficial ownership (but only partial pecuniary interest) of the securities beneficially owned by the Funds. BCM, the Funds and Mr. Kenneth Lee (the managing member of BCM) separately file their reports under Section 16 of the Securities Exchange Act of 1934, as amended.

F2: Each restricted stock unit represents a contingent right to receive one share of Issuer's Common Stock.