Ryan MacNab Perfit - 09 Sep 2024 Form 4 Insider Report for Fluent, Inc. (FLNT)

Signature
/s/ Ryan Perfit
Issuer symbol
FLNT
Transactions as of
09 Sep 2024
Net transactions value
$0
Form type
4
Filing time
11 Sep 2024, 17:36:55 UTC
Previous filing
21 Aug 2024
Next filing
15 Sep 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLNT Common Stock Award $0 +25,000 +55% $0.000000 70,596 09 Sep 2024 Direct F1

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
transaction FLNT Option Award $0 +120,000 $0.000000 120,000 09 Sep 2024 Common Stock 120,000 $2.75 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units were issued pursuant to the Issuer's 2022 Omnibus Equity Incentive Plan (the "Plan") and vest in three equal annual installments with the first tranche vesting on September 1, 2025.
F2 The options ("Options") were issued pursuant to the Plan and vest as follows: (i) one-half of the Options vest when the average closing price of the Issuer's common stock is equal to three times the exercise price of the Option for a period of ten consecutive trading days and (ii) the balance, or one-half of the Options vest when the average closing price of the Issuer's common stock is equal to five times the exercise price of the Option for a period of ten consecutive trading days.