Statement of Changes in Beneficial Ownership (4)
May 30 2023 - 7:40PM
Edgar (US Regulatory)
FORM 4
☐
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
Conlin Matthew |
2. Issuer Name and Ticker or Trading Symbol
Fluent, Inc.
[
FLNT
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chief Customer Officer |
(Last)
(First)
(Middle)
C/O FLUENT, INC., 300 VESEY STREET, 9TH FLOOR |
3. Date of Earliest Transaction
(MM/DD/YYYY)
8/25/2022 |
(Street)
NEW YORK, NY 10282 |
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
(City)
(State)
(Zip)
|
Rule 10b5-1(c) Transaction Indication
☐
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to
satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security (Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code (Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
Common Stock | 8/25/2022 | | J(1) | | 88357 | D | $0 | 17768 | I | Held by Matthew Conlin 2020 A Grantor Retained Annuity Trust. (2) |
Common Stock | 8/25/2022 | | J(1) | | 88357 | A | $0 | 6217573 | D | |
Common Stock | 8/25/2022 | | J(3) | | 463877 | D | $0 | 93282 | I | Held by Matthew Conlin 2020 B Grantor Retained Annuity Trust. (4) |
Common Stock | 8/25/2022 | | J(3) | | 463877 | A | $0 | 6681450 | D | |
Common Stock | 11/18/2022 | | J(5) | | 429000 | D | $0 | 6252450 | D | |
Common Stock | 11/18/2022 | | J(5) | | 429000 | A | $0 | 429000 | I | Held by Matthew Conlin 2022 Grantor Retained Annuity Trust (6) |
Common Stock | 1/24/2023 | | J(7) | | 93282 | D | $0 | 0 | I | Held by Matthew Conlin 2020 B Grantor Retained Annuity Trust (4) |
Common Stock | 1/24/2023 | | J(7) | | 93282 | A | $0 | 343282 (8) | I | Held by 2017 Conlin Shakira Family Trust. |
Common Stock | 3/9/2023 | | G(9) | | 17768 | D | $0 | 0 | I | Held by Matthew Conlin 2020 A Grantor Retained Annuity Trust (2) |
Common Stock | 3/9/2023 | | G(9) | | 17768 | A | $0 | 361050 (8) | I | Held by 2017 Conlin Shakira Family Trust. |
Common Stock | 5/19/2023 | | P | | 40000 | A | $0.6792 (10) | 147570 | I | Held by Conlin Family Foundation Trust. (11) |
Common Stock | | | | | | | | 2000000 | I | Held by RSMC Partners, LLC. (12) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Explanation of Responses: |
(1) | Transfer of annuity shares from the Matthew Conlin 2020 Grantor Retained Annity Trust A ("GRAT A") to the Reporting Person. |
(2) | The Reporting Person is the Trustee of of the GRAT A and in such capacity has the the right to vote and dispose of securities held by such trust. |
(3) | Transfer of annuity shares from the Matthew Conlin 2020 Grantor Retained Annity Trust B ("GRAT B") to the Reporting Person. |
(4) | The Reporting Person is the Trustee of the GRAT B and in such capacity has the right to vote and dispose of the securities held by such trust. |
(5) | The Reporting Person transferred shares to the Matthew Conlin 2022 Grantor Retained Annuity Trust ("2022 GRAT"), |
(6) | The Reporting Person is the Trustee of the 2022 GRAT and in such capacity has the right to vote and dispose of the securities held by such trust. |
(7) | Transfer of shares from GRAT B to the 2017 Conlin Shakira Family Trust. |
(8) | The Reporting Person disclaims beneficial ownership of these securities and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. |
(9) | Gift from GRAT A to the 2017 Conlin Shakira Family Trust |
(10) | This purchase price reflects a weighted average of multiple prices ranging from $0.6501 to $0.680. Full information regarding the number of shares purchased at each price will be provided to the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer upon request. |
(11) | The Reporting Person is the Co-Trustee of the Conlin Family Foundation Trust and in such capacity has the shared right to vote and dispose of the securities held by such trust. |
(12) | The Reporting Person is a Member of RSMC Partners, LLC. |
Reporting Owners
|
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Conlin Matthew C/O FLUENT, INC. 300 VESEY STREET, 9TH FLOOR NEW YORK, NY 10282 | X | X | Chief Customer Officer |
|
Signatures
|
/s/ Matthew Conlin | | 5/30/2023 |
**Signature of Reporting Person | Date |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
Note: | File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. |
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
Fluent (NASDAQ:FLNT)
Historical Stock Chart
From Mar 2024 to Apr 2024
Fluent (NASDAQ:FLNT)
Historical Stock Chart
From Apr 2023 to Apr 2024