SEC Form 4 · accession 0001209191-16-148774
Fluent, Inc. · FLNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel MacLachlan
Officer — Chief Financial Officer
Period of report
Nov 4, 2016
Accepted (ET)
Nov 8, 2016 · 8:00 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 | Nov 4, 2016 | A | 50,000 | $0.00 | A | 50,000 | D | |
| Common StockF2 | Nov 4, 2016 | F | 16,500 | $2.95 | D | 33,500 | D | |
| Common StockF3 | holding | — | — | — | 50,000 | D | ||
| Common Stock | holding | — | — | — | 2,000 | I | Held in an IRA |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the vesting and delivery of 50,000 shares of common stock underlying restricted stock units originally granted to the reporting person on October 2, 2014.
- F2Represents the payment of a tax liability by the withholding of 16,500 shares of common stock upon vesting of the restricted stock units and delivery of the underlying shares.
- F3Represents restricted stock units, convertible into common stock of the issuer on a one-for-one basis. The restricted stock units were issued on December 11, 2014 and vest quarterly in eight equal installments beginning on March 11, 2015 through December 11, 2016, and are deliverable at the end of the two-year term, subject to accelerated vesting under certain conditions.