SEC Form 4 · accession 0001209191-16-093888
Fluent, Inc. · FLNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Patrick Reilly
Officer — President
Period of report
Jan 27, 2016
Accepted (ET)
Jan 28, 2016 · 7:55 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001460329
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 27, 2016 | P | 1,000 | $4.50 | A | 1,600 | D | |
| Common StockF2 | holding | — | — | — | 125,000 | D | ||
| Common StockF3 | holding | — | — | — | 200,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares were purchased in multiple transactions ranging from $4.48 to $4.52, with a weighted average price per share of $4.50.
- F2Represents restricted stock units, convertible into common stock of the issuer on a one-for-one basis. The restricted stock units vest quarterly in three equal installments on March 21, 2016, 2017, and 2018, subject to accelerated vesting under certain conditions.
- F3Represents restricted stock units, convertible into common stock of the issuer on a one-for-one basis. The restricted stock units vest quarterly in eight equal installments from December 30, 2014 through September 30, 2015 subject to accelerated vesting under certain conditions.