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Fluent, Inc. Director's Dealing 2022

May 19, 2022

34456_dirs_2022-05-19_d779c56a-ff8d-4e83-961e-cb0fdd55c825.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Fluent, Inc. (FLNT)
CIK: 0001460329
Period of Report: 2022-05-18

Reporting Person: Patrick Donald Huntley (Chief Executive Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-05-18 Common Stock P 10000 $1.35 Acquired 340833 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 112500 Direct
Common Stock 16667 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 May 18, 2022, the Reporting Person purchased an aggregate of 10,000 shares of common stock in multiple lots at $1.350 per share. On December 1, 2021, the Reporting Person purchased 10,000 shares of common stock at an average price per share of $1.80356. The highest price per share was $1.82 and the lowest price per share was $1.75.

F2: 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. As of February 1, 2022, an aggregate total of 112,500 shares have vested and are included in the total shares beneficially owned.

F3: 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. As of March 1, 2022, an aggregate total of 33,333 shares have vested and are included in the total shares beneficially owned.

F4: 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.