4//SEC Filing
Mandel Alexander 4
Accession 0001628280-19-000995
CIK 0001460329other
Filed
Feb 4, 7:00 PM ET
Accepted
Feb 5, 8:17 PM ET
Size
9.8 KB
Accession
0001628280-19-000995
Insider Transaction Report
Form 4
Fluent, Inc.FLNT
Mandel Alexander
Chief Financial Officer
Transactions
- Award
Common Stock
2019-02-01+75,000→ 75,000 total - Award
Common Stock
2019-02-01+175,000→ 175,000 total - Award
Stock Option
2019-02-01+308,000→ 308,000 totalExercise: $4.72From: 2020-02-01Exp: 2029-02-01→ Common Stock (308,000 underlying)
Footnotes (4)
- [F1]On February 1, 2019, the Reporting Person received a grant of 75,000 restricted stock units ("RSUs") under the Issuer's 2015 Stock Incentive Plan. Subject to continuing service, the RSUs will vest in three equal annual installments, beginning on February 1, 2020.
- [F2]If the Reporting Person's employment is terminated by the Issuer without cause (as defined in the Reporting Person's Employment Agreement), if the term of the Reporting Person's employment expires after a notice of non-renewal is delivered by the Issuer or if the Reporting Person terminates his employment for good reason (as defined in the Reporting Person's Employment Agreement), any RSUs that were scheduled to vest within one year after the date of termination (if employment had continued) shall become immediately vested.
- [F3]On February 1, 2019, the Reporting Person received a grant of 175,000 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.
- [F4]Beginning February 1, 2020, subject to continuing service, 50% of the Stock Option Grants will vest if the Issuer's stock price remains above $5.90 per share for 20 consecutive trading days, and the remaining 50% of the Stock Option Grants will vest if the Issuer's stock price remains above $7.375 per share for 20 consecutive trading days. Any Stock Option Grants that remain unvested as of February 1, 2024 will vest in full on such date.
Documents
Issuer
Fluent, Inc.
CIK 0001460329
Entity typeother
Related Parties
1- filerCIK 0001555382
Filing Metadata
- Form type
- 4
- Filed
- Feb 4, 7:00 PM ET
- Accepted
- Feb 5, 8:17 PM ET
- Size
- 9.8 KB