Fluent, Inc. — Director's Dealing 2021

Nov 12, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Fluent, Inc. (FLNT)
CIK: 0001460329
Period of Report: 2021-11-10

Reporting Person: Schulke Ryan (Director, Chief Executive Officer, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-10	Common Stock	P	10000	$2.5297	Acquired	132500	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6780368	Direct
Common Stock	80000	Direct
Common Stock	50000	Direct
Common Stock	550000	Direct
Common Stock	2000000	Indirect
Common Stock	725001	Indirect

Footnotes

F1: Represents the average purchase of the acquired shares. The highest price at which a purchase was made is $2.53; the lowest price at which a purchase was made is $2.5294.

F2: On May 11, 2018, 37,000 shares were transferred from the Reporting Person's personal account to The Schulke Inn Family Foundation Trust in which the Reporting Person is a Co-Trustee.

F3: Reflects transfer of 244,378 shares from The Ryan Schulke GRAT to the Reporting Person's personal account on May 6, 2021.

F4: Represents 80,000 RSUs granted to the Reporting Person under the Issuer's 2015 Stock Incentive Plan on March 20, 2018, which vested in three equal annual installments, beginning on March 1, 2019.

F5: The Reporting Person has elected to defer delivery of these vested RSUs until the Reporting Person's separation of service from the Company or death or disability.

F6: Represents 50,000 RSUs granted to the Reporting Person under the Issuer's 2015 Stock Incentive Plan on April 13, 2017, which vested in three approximately equal installments beginning on February 1, 2018.

F7: Represents 550,000 RSUs granted to the Reporting Person under the Issuer's 2015 Stock Incentive Plan on December 8, 2015, subject to stockholder approval, which was obtained on June 1, 2016. These RSUs vested subject to certain time and performance conditions, all of which were met as of January 1, 2019.