SEC Form 4 · accession 0001209191-16-110254
Fluent, Inc. · FLNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Patrick Reilly
Officer — President
Period of report
Mar 21, 2016
Accepted (ET)
Mar 23, 2016 · 5:45 pm EDT
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 | Mar 21, 2016 | A | 29,738 | $4.93 | A | 31,338 | D | |
| Common StockF2,F3 | Mar 21, 2016 | F | 11,929 | $4.93 | D | 83,333 | D | |
| Common StockF4 | holding | — | — | — | 200,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the vesting of 29,738 shares of common stock underlying restricted stock units originally granted to the reporting person on June 2, 2015.
- F2Represents restricted stock units, convertible into common stock of the issuer on a one-for-one basis. The 83,333 remaining restricted stock units vest annually in approximately two equal installments on March 21, 2017, and 2018, subject to accelerated vesting under certain conditions.
- F3Represents the payment of a tax liability by the withholding of 11,929 shares of common stock upon vesting of the restricted stock units.
- F4Represents 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, 2016 subject to accelerated vesting under certain conditions.