Matthew Conlin - Nov 30, 2021 Form 4 Insider Report for Fluent, Inc. (FLNT)

Role
President, Director, 10%+ Owner
Signature
/s/ Matthew Conlin
Stock symbol
FLNT
Transactions as of
Nov 30, 2021
Transactions value $
$46,390
Form type
4
Date filed
12/1/2021, 02:28 PM
Previous filing
May 17, 2021
Next filing
Mar 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLNT Common Stock Purchase $46.4K +25K +0.44% $1.86 5.68M Nov 30, 2021 Direct F1, F6, F7
holding FLNT Common Stock 80K Nov 30, 2021 Direct F2, F3
holding FLNT Common Stock 50K Nov 30, 2021 Direct F3, F4
holding FLNT Common Stock 550K Nov 30, 2021 Direct F3, F5
holding FLNT Common Stock 557K Nov 30, 2021 Held by Matthew Conlin 2020 B Grantor Retained Annuity Trust, of which Reporting Person is Trustee. F6
holding FLNT Common Stock 2M Nov 30, 2021 Held by RSMC Partners, LLC, of which the Reporting Person is a member.
holding FLNT Common Stock 106K Nov 30, 2021 Held by Matthew Conlin 2020 A Grantor Retained Annuity Trust, of which Reporting Person is Trustee. F7
holding FLNT Common Stock 67.6K Nov 30, 2021 Held by Conlin Family Foundation Trust, in which the Reporting Person serves as co-trustee.
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person purchased 25,000 shares of common stock on November 30, 2021 in open market transactions at an average price per share of $1.8556. The highest price per share was $1.90 and the lowest price per share was $1.82.
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.
F6 Transfer on August 23, 2021 of 282,841 shares of common stock from the Matthew Conlin 2020 B Grantor Retained Annuity Trust of which the Reporting Person is Trustee to the Reporting Person's personal account.
F7 Transfer on August 23, 2021 of 53,875 shares of common stock from the Matthew Conlin 2020 A Grantor Retained Annuity Trust of which the Reporting Person is Trustee to the Reporting Person's personal account.