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Fluent, Inc. Director's Dealing 2017

Jun 13, 2017

34456_dirs_2017-06-12_7b86060d-50bf-4a36-b9b6-e8b0a85d7f63.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Cogint, Inc. (COGT)
CIK: 0001460329
Period of Report: 2017-06-08

Reporting Person: Dubner Derek (Director, Chief Executive Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-06-08 Common Stock A 24845 $0.00 Acquired 497813 Direct
2017-06-08 Common Stock F 16822 $4.20 Disposed 83333 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 333333 Direct
Common Stock 58332 Direct

Footnotes

F1: Represents the vesting of 24,845 shares of common stock underlying RSUs originally granted to the reporting person on April 13, 2017.

F2: Represents RSUs, convertible into common stock of the issuer on a one-for-one basis.

F3: Represents the payment of a tax liability upon vesting of the RSUs. The remaining RSUs vest in approximately two equal installments on June 1, 2018 and 2019, subject to accelerated vesting under certain conditions.

F4: 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.

F5: The RSUs vest on March 21, 2018, subject to accelerated vesting in certain conditions.