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

Role
President, Director, 10%+ Owner
Signature
/s/ Matthew Conlin
Issuer symbol
FLNT
Transactions as of
13 May 2021
Net transactions value
+$54,400
Form type
4
Filing time
17 May 2021, 16:23:31 UTC
Next filing
01 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLNT Common Stock Award $54,400 +20,000 +0.38% $2.72 5,320,000 13 May 2021 Direct F1
holding FLNT Common Stock 80,000 13 May 2021 Direct F2, F3
holding FLNT Common Stock 50,000 13 May 2021 Direct F3, F4
holding FLNT Common Stock 550,000 13 May 2021 Direct F3, F5
holding FLNT Common Stock 2,000,000 13 May 2021 Held by RSMC Partners, LLC, of which the Reporting Person is a member.
holding FLNT Common Stock 67,570 13 May 2021 Held by Conlin Family Foundation Trust, in which the Reporting Person serves as co-trustee.
holding FLNT Common Stock 160,000 13 May 2021 Held by Matthew Conlin 2020 A Grantor Retained Annuity Trust, of which Reporting Person is Trustee.
holding FLNT Common Stock 840,000 13 May 2021 Held by Matthew Conlin 2020 B Grantor Retained Annuity Trust, of which 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 20,000 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 the vested RSUs until the Reporting Person's separation of service from the Company or a Change of Control.
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.