Matthew Conlin - 15 Aug 2022 Form 4 Insider Report for Fluent, Inc. (FLNT)

Role
Chief Customer Officer, Director, 10%+ Owner
Signature
/s/ Matthew Conlin
Issuer symbol
FLNT
Transactions as of
15 Aug 2022
Net transactions value
+$67,812
Form type
4
Filing time
17 Aug 2022, 08:20:55 UTC
Previous filing
16 Jun 2022
Next filing
30 May 2023
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 $67,812 +40,000 +13% $1.70 357,570 15 Aug 2022 Held by Conlin Family Foundation Trust, in which the Reporting Person serves as co-trustee. F1
holding FLNT Common Stock 5,499,216 15 Aug 2022 Direct
holding FLNT Common Stock 80,000 15 Aug 2022 Direct F2, F3
holding FLNT Common Stock 50,000 15 Aug 2022 Direct F3, F4
holding FLNT Common Stock 550,000 15 Aug 2022 Direct F3, F5
holding FLNT Common Stock 2,000,000 15 Aug 2022 Held by RSMC Partners, LLC, of which the Reporting Person is a member.
holding FLNT Common Stock 106,125 15 Aug 2022 Held by Matthew Conlin 2020 A Grantor Retained Annuity Trust, of which Reporting Person is Trustee.
holding FLNT Common Stock 557,159 15 Aug 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 share were bought in multiple transactions at prices ranging from $1.65 to $1.70, 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 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.