Ryan Schulke - 11 Mar 2022 Form 4 Insider Report for Fluent, Inc. (FLNT)

Role: Chief Strategy Officer, Director, 10%+ Owner
Signature: /s/ Ryan Schulke
Issuer symbol: FLNT
Transactions as of: 11 Mar 2022
Net transactions value: +$36,851
Form type: 4
Filing time: 15 Mar 2022, 15:37:20 UTC
Previous filing: 12 Nov 2021
Next filing: 16 Aug 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	$21,135	+10,966	+0.16%	$1.93	6,780,368	11 Mar 2022	Direct	F1
transaction	FLNT	Common Stock	Purchase	$15,716	+9,034	+0.13%	$1.74	6,800,368	14 Mar 2022	Direct	F2
holding	FLNT	Common Stock						132,500	11 Mar 2022	Held by The Schulke Inn Family Foundation Trust in which the Reporting Person serves as Co-Trustee.
holding	FLNT	Common Stock						80,000	11 Mar 2022	Direct	F3, F4
holding	FLNT	Common Stock						50,000	11 Mar 2022	Direct	F4, F5
holding	FLNT	Common Stock						550,000	11 Mar 2022	Direct	F4, F6
holding	FLNT	Common Stock						2,000,000	11 Mar 2022	Held by RSMC Partners, LLC, of which the Reporting Person is a member.
holding	FLNT	Common Stock						725,001	11 Mar 2022	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	The price reported in Column 4 is a weighted average price. These share were bought in multiple transactions at prices ranging from $1.87 to $1.96, inclusive. The reporting person undertakes to provide Fluent, Inc., any Fluent, Inc. security holder or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F2	The price reported in Column 4 is a weighted average price. These share were bought in multiple transactions at prices ranging from $1.7350 to $1.7399, inclusive. The reporting person undertakes to provide Fluent, Inc., any Fluent, Inc. security holder or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F3	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.
F4	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.
F5	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.
F6	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.