Perfit Ryan MacNab 4
4 · Fluent, Inc. · Filed Sep 11, 2024
Insider Transaction Report
Form 4
Fluent, Inc.FLNT
Perfit Ryan MacNab
Chief Financial Officer
Transactions
- Award
Common Stock
2024-09-09+25,000→ 70,596 total - Award
Option
2024-09-09+120,000→ 120,000 totalExercise: $2.75Exp: 2034-09-09→ Common Stock (120,000 underlying)
Footnotes (2)
- [F1]The restricted stock units were issued pursuant to the Issuer's 2022 Omnibus Equity Incentive Plan (the "Plan") and vest in three equal annual installments with the first tranche vesting on September 1, 2025.
- [F2]The options ("Options") were issued pursuant to the Plan and vest as follows: (i) one-half of the Options vest when the average closing price of the Issuer's common stock is equal to three times the exercise price of the Option for a period of ten consecutive trading days and (ii) the balance, or one-half of the Options vest when the average closing price of the Issuer's common stock is equal to five times the exercise price of the Option for a period of ten consecutive trading days.