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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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)
2304 MAIN STREET, UNIT B
P.O. 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 X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
11/30/2011
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X 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 11/30/2011 P 9,100 A $1.1502 341,450 D(1)(4)
Common Stock 11/30/2011 P 4,700 A $1.1502 245,550 D(2)(4)
Common Stock 11/30/2011 P 25,916 A $1.1502 1,597,637 I See(3)(4)(5)
Common Stock 12/01/2011 P 8,550 A $1.1584 350,000 D(1)(4)
Common Stock 12/01/2011 P 4,450 A $1.1584 250,000 D(2)(4)
Common Stock 12/01/2011 P 24,084 A $1.1584 1,634,721 I See(3)(4)(5)
Common Stock 12/02/2011 P 15,279 A $1.0934 1,650,000 I See(3)(4)(5)
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
1. Name and Address of Reporting Person*
BRIDGEHAMPTON CAPITAL MANAGEMENT LLC

(Last) (First) (Middle)
2304 MAIN STREET, UNIT B
P.O. BOX 1521

(Street)
BRIDGEHAMPTON NY 11932

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
BRIDGEHAMPTON MONUMENT FUND LLC

(Last) (First) (Middle)
7 TRADESMANS PATH, SUITE 6
P.O. BOX 1521

(Street)
BRIDGEHAMPTON NY 11932

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
BRIDGEHAMPTON MULTI-STRATEGY FUND LLC

(Last) (First) (Middle)
7 TRADEMANS PATH, SUITE 6
BOX 1521

(Street)
BRIDGEHAMPTON NY 11932

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. Reflects securities directly owned Bridgehampton Multi-Strategy Fund LLC (f/k/a Bridgehampton Arbitrage LLC, "Multi-Strategy Fund").
2. Reflects securities directly owned by Bridgehampton Monument Fund LLC ("Monument Fund").
3. Reflects securities held directly in a separate account (the "Separately Managed Account") managed by Bridgehampton Capital Management LLC ("BCM") for Charles Morgan and securities owned directly by Multi-Strategy Fund and Monument Fund (together, the "Funds).
4. BCM is the sole manager of the Funds and the manager of the Separately Managed Account. Kenneth E. Lee is the managing member of BCM. Mr. Morgan, a member of BCM, has joint trading authority with respect to the shares of the issuer held by the Funds and in the Separately Managed Account. Therefore, each of BCM and Mr. Lee may be deemed to share beneficial ownership (but only partial pecuniary interest) of the shares beneficially owned by the Funds and the Separately Managed Account. Pursuant to Rule 16a- l(4) promulgated under Section 16 of the Securities Exchange Act of 1934, as amended, each of BCM and Mr. Lee herein states that the filing of this Form 4 and the statements made herein shall not be deemed an admission that it or he is the owner of any of the securities covered by this Form 4 for purposes of Section 16, except to the extent of its or his pecuniary interest therein.
5. Mr. Morgan, a director of the issuer, separately files his reports under Section 16 of the Securities Exchange Act of 1934, as amended.
Remarks:
Kenneth E. Lee, Managing Member 12/02/2011
** 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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