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Fluent, Inc. — Director's Dealing 2016
Mar 23, 2016
34456_dirs_2016-03-23_e973d2a1-edca-42fe-93fb-29aa1ea36a52.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: IDI, Inc. (IDI)
CIK: 0001460329
Period of Report: 2016-03-21
Reporting Person: Dubner Derek (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-03-21 | Common Stock | A | 41846 | $4.93 | Acquired | 48846 | Direct |
| 2016-03-21 | Common Stock | F | 16488 | $4.93 | Disposed | 116666 | Direct |
Footnotes
F1: Represents the vesting of 41,846 shares of common stock underlying restricted stock units originally granted to the reporting person on June 2, 2015.
F2: Represents restricted stock units, convertible into common stock of the issuer on a one-for-one basis. The 116,666 remaining restricted stock units vest annually in two equal installments on March 21, 2017 and March 21, 2018, subject to accelerated vesting in certain conditions.
F3: Represents the payment of a tax liability by the withholding of 16,488 shares of common stock upon vesting of the restricted stock units.