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Fluent, Inc. Director's Dealing 2016

Feb 24, 2016

34456_dirs_2016-02-24_3511493c-a364-4e43-b2a4-f1cda34494ec.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: 2016-01-20

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-02-22 Common Stock C 5285200 Acquired 5305200 Direct
2016-02-22 Common Stock J 2000000 Acquired 2000000 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-01-20 Series B Non-Voting Convertible Preferred Stock $ J 40000 Acquired Common Stock (40000) Indirect
2016-02-22 Series B Non-Voting Convertible Preferred Stock $ C 105704 Disposed Common Stock (5285200) Direct
2016-02-22 Series B Non-Voting Convertible Preferred Stock $ J 40000 Disposed Common Stock (40000) Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 20000 Indirect

Footnotes

F1: Each share of Series B Non-Voting Convertible Preferred Stock (the "Series B Preferred Stock") automatically converted on a one-for-fifty basis into common stock of the Company (the "Common Stock") on February 22, 2016, and had no expiration date.

F2: On January 20, 2016, the reporting person entered into the RSMC Limited Liability Company Agreement (the "RSMC Agreement"). RSMC Partners, LLC ("RSMC") held 40,000 shares of Series B Preferred Stock, which may be deemed held by the reporting person indirectly as a result of the reporting person's membership in RSMC. The reporting person disclaims beneficial ownership of the shares held by RSMC except to the extent of any pecuniary interest in such shares.