0001437749-19-024538.txt : 20191217 0001437749-19-024538.hdr.sgml : 20191217 20191217162656 ACCESSION NUMBER: 0001437749-19-024538 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20191213 FILED AS OF DATE: 20191217 DATE AS OF CHANGE: 20191217 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Mandel Alexander CENTRAL INDEX KEY: 0001555382 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37893 FILM NUMBER: 191290040 MAIL ADDRESS: STREET 1: 11115 RUSHMORE DRIVE CITY: CHARLOTTE STATE: NC ZIP: 28277 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Fluent, Inc. CENTRAL INDEX KEY: 0001460329 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ADVERTISING [7310] IRS NUMBER: 770688094 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 300 VESEY STREET STREET 2: 9TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10282 BUSINESS PHONE: 6466697272 MAIL ADDRESS: STREET 1: 300 VESEY STREET STREET 2: 9TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10282 FORMER COMPANY: FORMER CONFORMED NAME: Cogint, Inc. DATE OF NAME CHANGE: 20160923 FORMER COMPANY: FORMER CONFORMED NAME: IDI, Inc. DATE OF NAME CHANGE: 20150520 FORMER COMPANY: FORMER CONFORMED NAME: Tiger Media, Inc. DATE OF NAME CHANGE: 20121231 4 1 rdgdoc.xml FORM 4 X0306 4 2019-12-13 0001460329 Fluent, Inc. FLNT 0001555382 Mandel Alexander C/O FLUENT, INC. 300 VESEY STREET, 9TH FLOOR NEW YORK NY 10282 1 Chief Financial Officer Common Stock 2019-12-13 4 P 0 17056 2.09570 A 17056 D Common Stock 75000 D Common Stock 175000 D Stock Option 4.7200 2020-02-01 2029-02-01 Common Stock 308000 308000 D Represents the average purchase of the acquired shares. The highest price at which a purchase was made is $2.12; the lowest price at which a purchase was made is $2.07. The Reporting Person undertakes to provide the Issuer, any security holder or the staff of the Securities & Exchange Commission upon request full information regarding the number of shares purchased at each separate price with the ranges set forth in this footnote. On February 1, 2019, the Reporting Person received a grant of 75,000 restricted stock units ("RSUs") under the Issuer's 2015 Stock Incentive Plan. Subject to continuing service, the RSUs will vest in three equal annual installments, beginning on February 1, 2020. If the Reporting Person's employment is terminated by the Issuer without cause (as defined in the Reporting Person's Employment Agreement), if the term of the Reporting Person's employment expires after a notice of non-renewal is delivered by the Issuer or if the Reporting Person terminates his employment for good reason (as defined in the Reporting Person's Employment Agreement), any RSUs that were scheduled to vest within one year after the date of termination (if employment had continued) shall become immediately vested. On February 1, 2019, the Reporting Person received a grant of 175,000 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. Beginning February 1, 2020, subject to continuing service, 50% of the Stock Option Grants will vest if the Issuer's stock price remains above $5.90 per share for 20 consecutive trading days, and the remaining 50% of the Stock Option Grants will vest if the Issuer's stock price remains above $7.375 per share for 20 consecutive trading days. Any Stock Option Grants that remain unvested as of February 1, 2024 will vest in full on such date. /s/ Alexander Mandel 2019-12-17