Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Fluent, Inc. Director's Dealing 2016

Dec 2, 2016

34456_dirs_2016-12-02_709b4746-6228-4dac-9cdd-a3b29762c8bd.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Cogint, Inc. (COGT)
CIK: 0001460329
Period of Report: 2016-11-30

Reporting Person: Conlin Matthew (10% Owner, President of Fluent, LLC)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-11-30 Common Stock A 2958 $0.00 Acquired 2958 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 5352062 Direct
Common Stock 550000 Direct
Common Stock 2000000 Indirect
Common Stock 20000 Indirect

Footnotes

F1: On November 30, 2016, the reporting person received a grant of 2,958 restricted stock units, convertible into common stock of the issuer on a one-for-one basis, in lieu of a cash bonus. The restricted stock units vest on December 1, 2016.

F2: On December 8, 2015, the reporting person received a grant, subject to stockholder approval, of 550,000 restricted stock units ("RSUs"), convertible into common stock of the issuer on a one-for-one basis. Stockholder approval was obtained on June 1, 2016. The RSUs are subject to vesting over a three-year period of 30% on January 1, 2017, 30% on January 1, 2018 and 40% on January 1, 2019 (the "Time Conditions") provided, however, that no tranche of RSUs will vest until it is determined that IDI has exceeded certain revenue targets and achieved positive EBITDA in any one fiscal year during the vesting period (the "Performance Conditions"). Upon a determination that IDI has exceeded the Performance Conditions, any RSUs that would have otherwise vested in accordance with the Time Conditions will vest at the time of such determination. Any subsequent tranches will vest in accordance with the Time Conditions.

F3: The RSUs will immediately vest upon (i) a Change of Control, or (ii) the reporting person's death or disability.