SEC Form 4 · accession 0001209191-18-031207
Fluent, Inc. · FLNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald Huntley Patrick
Officer — COO
Period of report
May 11, 2018
Accepted (ET)
May 17, 2018 · 7:40 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 | May 11, 2018 | P | 50,000 | $2.3995 | A | 50,000 | D | |
| Common StockF2 | holding | — | — | — | 75,000 | D | ||
| Common StockF3 | holding | — | — | — | 75,000 | D | ||
| Common StockF4 | holding | — | — | — | 25,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the average purchase of the acquired shares. The highest price at which a purchase was made is $2.40; the lowest price at which a purchase was made is $2.375.
- F2On March 27, 2018, the Reporting Person received a grant of 75,000 deferred stock units under the Issuer's Stock Incentive Plan, which vest immediately but with delivery of the underlying shares in three annual installments commencing on March 27, 2019, which delivery may be ended if the Reporting Person is terminated for cause.
- F3On March 20, 2018, the Reporting Person received a grant of 75,000 restricted stock units ("RSUs") under the Issuer's 2015 Stock Incentive Plan. The RSUs will vest in three equal annual installments, beginning on February 1, 2019.
- F4Also on March 20, 2018, the Reporting Person received a grant of 25,000 RSUs under the Issuer's 2015 Stock Incentive Plan. The RSUs will vest in three equal annual installments, beginning on March 1, 2019.