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Fluent, Inc. — Director's Dealing 2018
Mar 12, 2018
34456_dirs_2018-03-12_5ff41439-79e4-475c-9f6a-75500c3deb3e.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: 2018-03-08
Reporting Person: BENZ PETER (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-03-08 | Common Stock | A | 30000 | $0.00 | Acquired | 75001 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 10000 | Direct |
| Common Stock | 1666 | Direct |
| Common Stock | 8333 | Direct |
Footnotes
F1: On March 8, 2018, the reporting person received a grant of 30,000 shares, under the 2015 Stock Incentive Plan, as amended. The shares are fully-vested.
F2: On April 13, 2017, the reporting person received a grant of RSUs, convertible into common stock of the issuer on a one-for-one basis. The remaining 10,000 RSUs vest on June 1, 2018 and 2019, subject to accelerated vesting under certain conditions.
F3: 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 remaining tranche vests on November 16, 2018.
F4: Represents RSUs convertible into common stock of the issuer on a one-for-one basis. The RSUs vest on June 16, 2018, subject to accelerated vesting under certain conditions.