AI assistant
Fluent, Inc. — Director's Dealing 2016
Mar 23, 2016
34456_dirs_2016-03-23_b079250b-1a67-4a0a-b943-7026bf0f9d7b.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: IDI, Inc. (IDI)
CIK: 0001460329
Period of Report: 2016-03-21
Reporting Person: Reilly James Patrick (President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-03-21 | Common Stock | A | 29738 | $4.93 | Acquired | 31338 | Direct |
| 2016-03-21 | Common Stock | F | 11929 | $4.93 | Disposed | 83333 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 200000 | Direct |
Footnotes
F1: Represents the vesting of 29,738 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 83,333 remaining restricted stock units vest annually in approximately two equal installments on March 21, 2017, and 2018, subject to accelerated vesting under certain conditions.
F3: Represents the payment of a tax liability by the withholding of 11,929 shares of common stock upon vesting of the restricted stock units.
F4: 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 December 30, 2014 through September 30, 2016 subject to accelerated vesting under certain conditions.