Fluent, Inc. — Director's Dealing 2020

May 21, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Fluent, Inc. (FLNT)
CIK: 0001460329
Period of Report: 2020-05-19

Reporting Person: Patrick Donald Huntley (COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-19	Common Stock	P	5250	$1.90	Acquired	186917	Direct
2020-05-20	Common Stock	P	350	$1.90	Acquired	187267	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	25000	Direct
Common Stock	8333	Direct
Common Stock	25000	Direct
Common Stock	225000	Direct
Common Stock	50000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$4.7200	2029-02-01	Common Stock (396000)	396000	Direct

Footnotes

F1: On March 20, 2018, the Reporting Person received a grant of 25,000 restricted stock units ("RSUs") under the Issuer's 2015 Stock Incentive Plan. The RSUs will vest on February 1, 2021.

F2: Also on March 20, 2018, the Reporting Person received a grant of 8,333 RSUs under the Issuer's 2015 Stock Incentive Plan. The RSUs will vest on March 1, 2021.

F3: On March 27, 2018, the Reporting Person received a grant of 25,000 deferred stock units under the Issuer's 2015 Stock Incentive Plan, which vest immediately but with delivery of the underlying shares on March 27, 2021, which delivery may be ended if the Reporting Person is terminated for cause.

F4: On February 1, 2019, the Reporting Person received a grant of 225,000 RSUs under the Issuer's 2018 Stock Incentive Plan. Subject to continuing service, the RSUs will vest in four equal annual installments, beginning on February 1, 2021.

F5: On March 1, 2020, the Reporting Person received a grant of 50,000 RSUs under the Issuer's 2018 Stock Incentive Plan. The RSUs will vest in three equal annual installments, beginning on March 1, 2021.

F6: 50% of the Stock Option Grants vested on February 1, 2020. Subject to continuing service, the remaining 50% of the Stock Option Grants will vest if the Issuer's stock price remains above $7.375 for 20 consecutive trading days.