Fluent, Inc. — Director's Dealing 2016

May 25, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IDI, Inc. (IDI)
CIK: 0001460329
Period of Report: 2016-05-24

Reporting Person: Brauser Michael (Director, Executive Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-24	Common Stock	P	3500	$4.84	Acquired	2065445	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1373646	Indirect
Common Stock	121734	Direct
Common Stock	8130	Indirect
Common Stock	116666	Direct
Common Stock	100000	Direct
Common Stock	1000000	Indirect

Footnotes

F1: The shares were purchased in multiple transactions at prices ranging from $4.82 to $4.97, with a weighted average price per share of $4.84. The reporting person undertakes to provide IDI, Inc., any security holder of IDI, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price with the ranges set forth in this footnote.

F2: Shares held by Grander Holdings, Inc. 401K Profit Sharing Plan of which Mr. Brauser is trustee.

F3: Shares held by Birchtree Capital, LLC, of which Mr. Brauser is the manager.

F4: Represents pro-rata ownership of securities held by entities over which the reporting person exercises investment control.

F5: Represents restricted stock units, convertible into common stock of the issuer on a one-for-one basis. The restricted stock units vest in equal installments of 58,333 shares on each of March 21, 2017 and 2018, subject to accelerated vesting under certain conditions.

F6: 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 equal installments from January 2, 2015 through October 2, 2016 subject to accelerated vesting under certain conditions.

F7: 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 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.