Ryan Schulke - May 13, 2021 Form 4 Insider Report for Fluent, Inc. (FLNT)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Ryan Schulke
Stock symbol
FLNT
Transactions as of
May 13, 2021
Transactions value $
$81,600
Form type
4
Date filed
5/17/2021, 04:21 PM
Next filing
Nov 12, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLNT Common Stock Award $81.6K +30K +0.46% $2.72 6.57M May 13, 2021 Direct F1
holding FLNT Common Stock 80K May 13, 2021 Direct F2, F3
holding FLNT Common Stock 50K May 13, 2021 Direct F3, F4
holding FLNT Common Stock 550K May 13, 2021 Direct F3, F5
holding FLNT Common Stock 85.5K May 13, 2021 Held by The Schulke Inn Family Foundation Trust in which the Reporting Person serves as Co-Trustee.
holding FLNT Common Stock 2M May 13, 2021 Held by RSMC Partners, LLC, of which the Reporting Person is a member.
holding FLNT Common Stock 969K May 13, 2021 Held by The Ryan Schulke 2020 GRAT, of which the Reporting Person is Trustee.
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 13, 2021, the Reporting Person purchased 30,000 shares from the Issuer for cash under the Issuer's 2018 Stock Incentive Plan. The per share purchase price was the closing price reported on Nasdaq on the date of purchase.
F2 Represents 80,000 RSUs granted to the Reporting Person under the Issuer's 2015 Stock Incentive Plan on March 20, 2018, which vested in three equal annual installments, beginning on March 1, 2019.
F3 The Reporting Person has elected to defer delivery of these vested RSUs until the Reporting Person's separation of service from the Company or death or disability.
F4 Represents 50,000 RSUs granted to the Reporting Person under the Issuer's 2015 Stock Incentive Plan on April 13, 2017, which vested in three approximately equal installments beginning on February 1, 2018.
F5 Represents 550,000 RSUs granted to the Reporting Person under the Issuer's 2015 Stock Incentive Plan on December 8, 2015, subject to stockholder approval, which was obtained on June 1, 2016. These RSUs vested subject to certain time and performance conditions, all of which were met as of January 1, 2019.