Ryan Schulke - 10 Nov 2021 Form 4 Insider Report for Fluent, Inc. (FLNT)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Ryan Schulke
Issuer symbol
FLNT
Transactions as of
10 Nov 2021
Net transactions value
+$25,297
Form type
4
Filing time
12 Nov 2021, 10:12:06 UTC
Previous filing
17 May 2021
Next filing
15 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLNT Common Stock Purchase $25,297 +10,000 +8.2% $2.53 132,500 10 Nov 2021 Held by The Schulke Inn Family Foundation Trust in which the Reporting Person serves as Co-Trustee. F1, F2
holding FLNT Common Stock 6,780,368 10 Nov 2021 Direct F1, F2, F3
holding FLNT Common Stock 80,000 10 Nov 2021 Direct F4, F5
holding FLNT Common Stock 50,000 10 Nov 2021 Direct F5, F6
holding FLNT Common Stock 550,000 10 Nov 2021 Direct F5, F7
holding FLNT Common Stock 2,000,000 10 Nov 2021 Held by RSMC Partners, LLC, of which the Reporting Person is a member.
holding FLNT Common Stock 725,001 10 Nov 2021 Held by The Ryan Schulke 2020 GRAT, of which the Reporting Person is Trustee. F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the average purchase of the acquired shares. The highest price at which a purchase was made is $2.53; the lowest price at which a purchase was made is $2.5294.
F2 On May 11, 2018, 37,000 shares were transferred from the Reporting Person's personal account to The Schulke Inn Family Foundation Trust in which the Reporting Person is a Co-Trustee.
F3 Reflects transfer of 244,378 shares from The Ryan Schulke GRAT to the Reporting Person's personal account on May 6, 2021.
F4 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.
F5 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.
F6 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.
F7 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.