SEC Form 4 · accession 0001209191-18-037146
Fluent, Inc. · FLNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Brauser
10% Owner
Period of report
Jun 8, 2018
Accepted (ET)
Jun 12, 2018 · 8:57 am 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 | Jun 8, 2018 | S | 500,000 | $2.80 | D | 5,974,895 | D | |
| Common StockF2 | holding | — | — | — | 2,188,945 | I | See footnote | |
| Common StockF3 | holding | — | — | — | 1,373,646 | I | See footnote | |
| Common StockF4 | holding | — | — | — | 8,130 | I | See footnote | |
| Common StockF5 | holding | — | — | — | 18,137 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1In a privately negotiated transaction, the Reporting Person exchanged 500,000 shares of Fluent, Inc. beneficially held by the Reporting Person for the 191,000 acquired RDVT shares. For purposes of this exchange, the assumed price of the Fluent shares was $2.80 per share and the assumed price of the RDVT shares was $7.33 per share.
- F2Shares held by Grander Holdings, Inc. 401K Profit Sharing Plan of which Mr. Brauser is trustee.
- F3Shares held by Birchtree Capital, LLC, of which Mr. Brauser is the manager.
- F4Shares held by BSIG, LLC, of which Mr. Brauser is a member. Mr. Brauser disclaims beneficial ownership of these shares except to the extent of any pecuniary ownership he may have.
- F5Shares held by Betsy and Michael Brauser Charitable Family Foundation, Inc. of which Mr. Brauser is a director.