Ryan Schulke - Jun 14, 2024 Form 4 Insider Report for Fluent, Inc. (FLNT)

Role
Chief Strategy Officer, Director, 10%+ Owner
Signature
/s/ Ryan Schulke
Stock symbol
FLNT
Transactions as of
Jun 14, 2024
Transactions value $
$10,246
Form type
4
Date filed
6/18/2024, 04:43 PM
Previous filing
May 16, 2024
Next filing
Jul 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLNT Common Stock Purchase $10.2K +3K +3% $3.42 103K Jun 14, 2024 The Schulke Inn Family Family Foundation Trust in which the Reporting Person serves as a Co-Trustee F1, F5, F6
holding FLNT Common Stock 20.2K Jun 14, 2024 Held by The Ryan Schulke 2020 Grantor Retained Annuity Trust F1, F2
holding FLNT Common Stock 1.2M Jun 14, 2024 Direct F1
holding FLNT Common Stock 150K Jun 14, 2024 2022 Ryan Schulke Grantor Retained Annuity Trust F1, F3
holding FLNT Common Stock 333K Jun 14, 2024 RSMC Partners LLC F1, F4

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 Pre-Funded Warrant 1.74M Jun 14, 2024 Common Stock 1.74M $0.00 Direct F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 11, 2024, the Issuer effected a 6-for-1 reverse stock split (the "Reverse Stock Split"). The holding report here reflects such Reverse Stock Split.
F2 The Reporting Person is the Trustee of the 2020 GRAT.
F3 The Reporting Person is the Grantor of the 2022 GRAT.
F4 The Reporting Person is a member of RSMC Partners LLC.
F5 The price listed in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.41 to $3.4155, 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.
F6 The reporting person is the Co-Trustee of The Schulke Inn Family Foundation Trust.
F7 The Pre-Funded Warrants will be immediately exercisable after stockholder approval of the offering of the Issuer's Pre-Funded Warrants. The binding agreement for the transaction was entered into on May 13, 2024.
F8 The Pre-Funded Warrants will terminate when exercised in full.