Derek Dubner - Oct 1, 2024 Form 4 Insider Report for Red Violet, Inc. (RDVT)

Role
Chief Executive Officer, Director, Chairman of the Board
Signature
/s/ Derek Dubner
Stock symbol
RDVT
Transactions as of
Oct 1, 2024
Transactions value $
-$154,114
Form type
4
Date filed
10/1/2024, 05:48 PM
Previous filing
Nov 30, 2023
Next filing
Nov 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDVT Common Stock Award +10.8K +1.88% 588K Oct 1, 2024 Direct F1, F2, F3
transaction RDVT Common Stock Tax liability -$154K -5.42K -0.92% $28.45 582K Oct 1, 2024 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the third vesting of 10,833 restricted stock units (RSUs) of the grant originally approved by the Company's Compensation Committee on September 24, 2021.
F2 Includes 26,666 RSUs originally granted on October 12, 2022, convertible into common stock of the issuer on a one-for-one basis, which vests in two equal installments on each of November 1, 2024 and November 1, 2025, subject to accelerated vesting under certain conditions.
F3 Includes 40,000 RSUs originally granted on November 30, 2023, convertible into common stock of the issuer on a one-for-one basis, which vests in three equal installments on each of December 1, 2024, December 1, 2025 and December 1, 2026, subject to accelerated vesting under certain circumstances.
F4 Represents the disposition to issuer for tax obligations upon the vesting of RSUs.