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Fluent, Inc. — Director's Dealing 2015
Jun 9, 2015
34456_dirs_2015-06-08_e414c558-54d8-4349-9a17-e60fe3309d35.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: IDI, Inc. (IDI)
CIK: 0001460329
Period of Report: 2015-06-02
Reporting Person: Brauser Michael (Director)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3400 | Direct |
| Common Stock | 8130 | Indirect |
| Common Stock | 175000 | Direct |
| Common Stock | 100000 | Direct |
| Common Stock | 1000000 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Series A Non-Voting Convertible Preferred Stock | $ | Common Stock (2174959) | Indirect |
Footnotes
F1: Represents pro-rata ownership of securities held by entities over which the reporting person exercises investment control.
F2: Represents restricted stock units, convertible into common stock of the issuer on a one-for-one basis. The restricted stock units vest in three approximately equal installments on March 21, 2016, 2017 and 2018, subject to accelerated vesting under certain conditions.
F3: Represents restricted stock units, convertible into common stock of the issuer on a one-for-one basis. The restricted stock units vest quarterly in eight approximately equal installments from January 2, 2015 through October 2, 2016 subject to accelerated vesting under certain conditions.
F4: Represents restricted stock units, convertible into common stock of the issuer on a one-for-one basis. The restricted stock units vest annually in four approximately equal installments from October 13, 2015 through October 13, 2018 subject to achievement of certain performance milestones by the issuer and accelerated vesting under certain conditions.
F5: The securities are convertible, for no additional consideration, only in connection with a bona fide, arms' length sale of a non-affiliate of either the reporting person or the issuer. The securities have no expiration date.