Fluent, Inc. — Director's Dealing 2021

May 17, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Fluent, Inc. (FLNT)
CIK: 0001460329
Period of Report: 2021-05-13

Reporting Person: Conlin Matthew (Director, President, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-13	Common Stock	A	20000	$2.72	Acquired	5320000	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	80000	Direct
Common Stock	50000	Direct
Common Stock	550000	Direct
Common Stock	2000000	Indirect
Common Stock	67570	Indirect
Common Stock	160000	Indirect
Common Stock	840000	Indirect

Footnotes

F1: On May 13, 2021, the Reporting Person purchased 20,000 shares from the Issuer for cash under the Issuer's 2018 Stock Incentive Plan. The per share purchase price was the closing price reported on Nasdaq on the date of purchase.

F2: 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.

F3: The Reporting Person has elected to defer delivery of the vested RSUs until the Reporting Person's separation of service from the Company or a Change of Control.

F4: 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.

F5: 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.