Fluent, Inc. — Director's Dealing 2024

May 16, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Fluent, Inc. (FLNT)
CIK: 0001460329
Period of Report: 2024-05-13

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-05-13	Pre-Funded Warrant	$0.0005	P	1743499	Acquired		Common Stock (1743499)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	20208	Indirect
Common Stock	1197665	Direct
Common Stock	149690	Indirect
Common Stock	333334	Indirect
Common Stock	100027	Indirect

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

F6: 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.

F7: The Pre-Funded Warrants will terminate when exercised in full.