Donald Huntley Patrick - Dec 1, 2021 Form 4 Insider Report for Fluent, Inc. (FLNT)

Role
Interim CEO
Signature
/s/ Donald Patrick
Stock symbol
FLNT
Transactions as of
Dec 1, 2021
Transactions value $
$18,036
Form type
4
Date filed
12/3/2021, 03:32 PM
Previous filing
Jul 1, 2024
Next filing
Jul 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLNT Common Stock Purchase $18K +10K +4.03% $1.80 258K Dec 1, 2021 Direct F1, F2, F3
holding FLNT Common Stock 169K Dec 1, 2021 Direct F2
holding FLNT Common Stock 33.3K Dec 1, 2021 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding FLNT Stock Option 396K Dec 1, 2021 Common Stock 396K $4.72 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 1, 2021, the Reporting Person purchased 10,000 shares of common stock at an average price per share of $1.80356. The highest price per share was $1.82 and the lowest price per share was $1.75.
F2 On February 1, 2019, the Reporting Person received a grant of 225,000 RSUs under the Issuer's 2018 Stock Incentive Plan. Subject to continuing service, the RSUs will vest in four equal annual installments, beginning on February 1, 2021. The 56,250 shares which vested on February 1, 2021 are included in the total shares.
F3 On March 1, 2020, the Reporting Person received a grant of 50,000 RSUs under the Issuer's 2018 Stock Incentive Plan. The RSUs will vest in three equal annual installments, beginning on March 1, 2021. The 16,666 shares which vested on March 1, 2021 are included in the total shares.
F4 50% of the Stock Option Grants vested on February 1, 2020. Subject to continuing service, the remaining 50% of the Stock Option Grants will vest if the Issuer's stock price remains above $7.375 for 20 consecutive trading days.