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Fluent, Inc. — Director's Dealing 2017
Jul 10, 2017
34456_dirs_2017-07-10_30ee4793-2e1a-4438-ae98-cd788ef79c42.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Cogint, Inc. (COGT)
CIK: 0001460329
Period of Report: 2017-07-01
Reporting Person: Reilly James Patrick (President)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 292079 | Direct |
| Common Stock | 41666 | Direct |
| Common Stock | 333333 | Direct |
Footnotes
F1: Represents restricted stock units ("RSUs"), convertible into common stock of the issuer on a one-for-one basis. The restricted stock units vest on March 21, 2018, subject to accelerated vesting under certain conditions.
F2: On November 16, 2015, the reporting person received a grant, subject to stockholder approval which was obtained June 1, 2016, of 500,000 RSUs, convertible into common stock of the issuer on a one-for-one basis. The RSUs vest in three equal annual installments beginning November 16, 2016 (the "Time Conditions") provided, however, that no tranche of RSUs will vest until it is determined that Cogint, Inc. has exceeded certain revenue targets and achieved positive EBITDA in any one fiscal year during the vesting period (the "Performance Conditions"). Cogint, Inc. determined the Performance Conditions were met effective March 14, 2017 and 166,667 RSUs vested. The two subsequent tranches vest approximately equally on November 16, 2017 and November 16, 2018, subject to accelerated vesting in certain conditions.