Fluent, Inc. — Director's Dealing 2024

Jun 18, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Fluent, Inc. (FLNT)
CIK: 0001460329
Period of Report: 2024-06-14

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-06-14	Common Stock	P	3000	$3.4153	Acquired	103027	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	20208	Indirect
Common Stock	1197665	Direct
Common Stock	149690	Indirect
Common Stock	333334	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Pre-Funded Warrant	$0.0005		Common Stock (1743499)	1743499	Direct

Footnotes

F1: On April 11, 2024, the Issuer effected a 6-for-1 reverse stock split (the "Reverse Stock Split"). The holding report here reflects such Reverse Stock Split.

F2: The Reporting Person is the Trustee of the 2020 GRAT.

F3: The Reporting Person is the Grantor of the 2022 GRAT.

F4: The Reporting Person is a member of RSMC Partners LLC.

F5: The price listed in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.41 to $3.4155, inclusive. The Reporting Person undertakes to provide Fluent, Inc., any Fluent, Inc. security holder, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F6: The reporting person is the Co-Trustee of The Schulke Inn Family Foundation Trust.

F7: The Pre-Funded Warrants will be immediately exercisable after stockholder approval of the offering of the Issuer's Pre-Funded Warrants. The binding agreement for the transaction was entered into on May 13, 2024.

F8: The Pre-Funded Warrants will terminate when exercised in full.