Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Fluent, Inc. Director's Dealing 2017

Apr 17, 2017

34456_dirs_2017-04-17_a6dccc3f-3dca-451c-b818-348eedcbc21c.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Cogint, Inc. (COGT)
CIK: 0001460329
Period of Report: 2017-04-13

Reporting Person: Swayman Robert (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-04-13 Common Stock A 15000 $0.00 Acquired 15000 Direct
2017-04-13 Common Stock A 5000 $0.00 Acquired 5000 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 60000 Indirect
Common Stock 5000 Direct
Common Stock 16666 Direct
Common Stock 13334 Direct
Common Stock 8130 Indirect

Footnotes

F1: On April 13, 2017, the reporting person received a grant of 15,000 restricted stock units ("RSUs"), convertible into common stock of the issuer on a one-for-one basis. The RSUs vest in three approximately equal installments on June 1, 2017, 2018 and 2019, subject to accelerated vesting under certain conditions.

F2: Within 30 days of the effective grant date, the reporting person may elect to defer delivery of any vested RSUs until a later date.

F3: On April 13, 2017, the reporting person received a grant of 5,000 RSUS, convertible into common stock of the issuer on a one-for-one basis. The RSUs vest on June 1, 2017, 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 5,000 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. As such, the subsequent tranches vest equally on November 16, 2017 and November 16, 2018.

F5: The RSUs will immediately vest upon (i) a Change of Control, or (ii) the reporting person's death or disability.

F6: The reporting person has elected to defer delivery of any vested RSUs until the reporting person's separation of service from the Company or death or disability.

F7: Represents RSUs convertible into common stock of the issuer on a one-for-one basis. The RSUs vest in two approximately equal installments on June 16, 2017 and 2018, subject to accelerated vesting under certain conditions.

F8: Represents pro rata ownership of securities of the issuer held by a limited liability company over which the reporting person exercises investment control.