SEC Form 4 · accession 0001209191-17-027088
Fluent, Inc. · FLNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Harry Baker Jordan III
Officer — Chief Operating Officer
Period of report
Apr 13, 2017
Accepted (ET)
Apr 17, 2017 · 5:06 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,F2 | Apr 13, 2017 | A | 50,000 | $0.00 | A | 50,000 | D | |
| Common Stock | holding | — | — | — | 110,000 | I | Trustee of Revocable Trust for the benefit of the Reporting Person | |
| Common StockF3 | holding | — | — | — | 100,000 | I | See Footnote | |
| Common StockF4 | holding | — | — | — | 100,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On April 13, 2017, the reporting person received a grant of 50,000 restricted stock units ("RSUs"), convertible into common stock of the issuer on a one-for-one basis. The RSUs vest in three approximately equal installments on June 1, 2017, 2018 and 2019, subject to accelerated vesting under certain conditions.
- F2Within 30 days of the effective grant date, the reporting person may elect to defer delivery of any vested RSUs until a later date.
- F3Reporting Person's Spouse is the Trustee of a Revocable Trust for the benefit of the Reporting Person's Spouse.
- F4On August 8, 2016, the reporting person received a grant of 100,000 RSUs, convertible into common stock of the issuer on a one-for-one basis. The RSUs vest in three equal annual installments beginning August 8, 2017.