Statement of Changes in Beneficial Ownership (4)
11 April 2020 - 7:15AM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
Patrick Donald Huntley |
2. Issuer Name and Ticker or Trading Symbol
Fluent, Inc.
[
FLNT
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) COO |
(Last)
(First)
(Middle)
C/O FLUENT, INC., 300 VESEY STREET, 9TH FLOOR |
3. Date of Earliest Transaction
(MM/DD/YYYY)
3/1/2020 |
(Street)
NEW YORK, NY 10282
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security (Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code (Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
Common Stock | 3/1/2020 | | A | | 50000 | A | $0 | 50000 (1) | D | |
Common Stock | | | | | | | | 181667 | D | |
Common Stock | | | | | | | | 25000 (2) | D | |
Common Stock | | | | | | | | 8333 (3) | D | |
Common Stock | | | | | | | | 25000 (4) | D | |
Common Stock | | | | | | | | 225000 (5) | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Stock Option | $4.7200 | | | | | | | 2/1/2020 (6) | 2/1/2029 | Common Stock | 396000 | | 396000 | D | |
Explanation of Responses: |
(1) | On March 1, 2020, the Reporting Person received a grant of 50,000 restricted stock units ("RSUs") under the Issuer's 2018 Stock Incentive Plan. The RSUs will vest in three equal annual installments, beginning on March 1, 2021. |
(2) | 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 on February 1, 2021. |
(3) | Also on March 20, 2018, the Reporting Person received a grant of 8,333 RSUs under the Issuer's 2015 Stock Incentive Plan. The RSUs will vest on March 1, 2021. |
(4) | On March 27, 2018, the Reporting Person received a grant of 25,000 deferred stock units under the Issuer's Stock Incentive Plan, which vest immediately but with delivery of the underlying shares on March 27, 2021, which delivery may be ended if the Reporting Person is terminated for cause. |
(5) | On February 1, 2019, the Reporting Person received a grant of 225,000 RSUs under the Issuer's 2018 Stock Incentive Plan. Subject to continuing service, the RSUs will vest in four equal annual installments, beginning on February 1, 2021. |
(6) | 50% of the Stock Option Grants vested on February 1, 2020. Subject to continuing service, the remaining 50% of the Stock Option Grants will vest if the Issuer's stock price remains above $7.375 for 20 consecutive trading days. |
Reporting Owners
|
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Patrick Donald Huntley C/O FLUENT, INC. 300 VESEY STREET, 9TH FLOOR NEW YORK, NY 10282 |
|
| COO |
|
Signatures
|
/s/ Donald Patrick | | 4/10/2020 |
**Signature of Reporting Person | Date |
Fluent (NASDAQ:FLNT)
Historical Stock Chart
From Apr 2024 to May 2024
Fluent (NASDAQ:FLNT)
Historical Stock Chart
From May 2023 to May 2024