SEC Form 4 · accession 0001209191-16-110257
Fluent, Inc. · FLNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Derek Dubner
Officer — Chief Executive Officer · Director
Period of report
Mar 21, 2016
Accepted (ET)
Mar 23, 2016 · 5:49 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 | 41,846 | $4.93 | A | 48,846 | D | |
| Common StockF2,F3 | Mar 21, 2016 | F | 16,488 | $4.93 | D | 116,666 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the vesting of 41,846 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 116,666 remaining restricted stock units vest annually in two equal installments on March 21, 2017 and March 21, 2018, subject to accelerated vesting in certain conditions.
- F3Represents the payment of a tax liability by the withholding of 16,488 shares of common stock upon vesting of the restricted stock units.