Filing Details

Accession Number:
0001437749-24-020651
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-06-18 16:43:12
Reporting Period:
2024-06-14
Accepted Time:
2024-06-18 16:43:12
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1460329 Fluent Inc. FLNT Services-Advertising (7310) 770688094
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1660850 Ryan Schulke C/O Fluent, Inc.
300 Vesey Street, 9Th Floor
New York NY 10282
Chief Strategy Officer Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2024-06-14 3,000 $3.42 103,027 No 4 P Indirect The Schulke Inn Family Family Foundation Trust in which the Reporting Person serves as a Co-Trustee
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect The Schulke Inn Family Family Foundation Trust in which the Reporting Person serves as a Co-Trustee
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 20,208 Indirect Held by The Ryan Schulke 2020 Grantor Retained Annuity Trust
Common Stock 1,197,665 Direct
Common Stock 149,690 Indirect 2022 Ryan Schulke Grantor Retained Annuity Trust
Common Stock 333,334 Indirect RSMC Partners LLC
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Pre-Funded Warrant $0.00 1,743,499 1,743,499 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
1,743,499 1,743,499 Direct
Footnotes
  1. On April 11, 2024, the Issuer effected a 6-for-1 reverse stock split (the "Reverse Stock Split"). The holding report here reflects such Reverse Stock Split.
  2. The Reporting Person is the Trustee of the 2020 GRAT.
  3. The Reporting Person is the Grantor of the 2022 GRAT.
  4. The Reporting Person is a member of RSMC Partners LLC.
  5. The price listed in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.41 to $3.4155, inclusive. The Reporting Person undertakes to provide Fluent, Inc., any Fluent, Inc. security holder, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
  6. The reporting person is the Co-Trustee of The Schulke Inn Family Foundation Trust.
  7. The Pre-Funded Warrants will be immediately exercisable after stockholder approval of the offering of the Issuer's Pre-Funded Warrants. The binding agreement for the transaction was entered into on May 13, 2024.
  8. The Pre-Funded Warrants will terminate when exercised in full.