Donald Patrick - May 18, 2022 Form 4 Insider Report for Fluent, Inc. (FLNT)

Role
Chief Executive Officer
Signature
/s/ Donald Patrick
Stock symbol
FLNT
Transactions as of
May 18, 2022
Transactions value $
$13,500
Form type
4
Date filed
5/19/2022, 03:27 PM
Previous filing
Jul 3, 2024
Next filing
Jun 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLNT Common Stock Purchase $13.5K +10K +3.02% $1.35 341K May 18, 2022 Direct F1, F2, F3
holding FLNT Common Stock 113K May 18, 2022 Direct F2
holding FLNT Common Stock 16.7K May 18, 2022 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 May 18, 2022 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 May 18, 2022, the Reporting Person purchased an aggregate of 10,000 shares of common stock in multiple lots at $1.350 per share. 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. As of February 1, 2022, an aggregate total of 112,500 shares have vested and are included in the total shares beneficially owned.
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. As of March 1, 2022, an aggregate total of 33,333 shares have vested and are included in the total shares beneficially owned.
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.