Matthew Conlin - Jun 14, 2022 Form 4 Insider Report for Fluent, Inc. (FLNT)

Role
Chief Customer Officer, Director, 10%+ Owner
Signature
/s/ Matthew Conlin
Stock symbol
FLNT
Transactions as of
Jun 14, 2022
Transactions value $
$9,590
Form type
4
Date filed
6/16/2022, 01:41 PM
Previous filing
May 30, 2023
Next filing
Aug 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLNT Common Stock Purchase $9.59K +7.5K +0.14% $1.28 5.5M Jun 14, 2022 Direct F1, F2
holding FLNT Common Stock 80K Jun 14, 2022 Direct F3, F4
holding FLNT Common Stock 50K Jun 14, 2022 Direct F4, F5
holding FLNT Common Stock 550K Jun 14, 2022 Direct F4, F6
holding FLNT Common Stock 2M Jun 14, 2022 Held by RSMC Partners, LLC, of which the Reporting Person is a member.
holding FLNT Common Stock 106K Jun 14, 2022 Held by Matthew Conlin 2020 A Grantor Retained Annuity Trust, of which Reporting Person is Trustee.
holding FLNT Common Stock 318K Jun 14, 2022 Held by Conlin Family Foundation Trust, in which the Reporting Person serves as co-trustee. F2
holding FLNT Common Stock 557K Jun 14, 2022 Held by Matthew Conlin 2020 B Grantor Retained Annuity Trust, of which 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 shares were sold at an average price of $1.2786. The Reporting Person undertakes to provide Fluent, Inc., any Fluent, Inc. security holder or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.
F2 The Reporting Person transferred 250,000 shares of Common Stock from his direct account to the Conlin Family Foundation Trust on April 21, 2022.
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 the vested RSUs until the Reporting Person's separation of service from the Company or a Change of Control.
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.