Jeffrey Dell - Nov 1, 2024 Form 4 Insider Report for Red Violet, Inc. (RDVT)

Role
Chief Information Officer
Signature
/s/ Jeffrey Dell
Stock symbol
RDVT
Transactions as of
Nov 1, 2024
Transactions value $
-$127,389
Form type
4
Date filed
11/5/2024, 06:45 PM
Previous filing
Oct 1, 2024
Next filing
Nov 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDVT Common Stock Award +10K +6.14% 173K Nov 1, 2024 Direct F1, F2, F3
transaction RDVT Common Stock Tax liability -$127K -4.24K -2.45% $30.08 169K Nov 1, 2024 Direct F2, F3, F4
transaction RDVT Common Stock Award +23.6K +14.01% 192K Nov 4, 2024 Direct F2, F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the second vesting of 10,000 restricted stock units (RSUs) of the grant originally approved by the Company's Compensation Committee on October 12, 2022.
F2 Includes 10,000 RSUs originally granted on October 12, 2022, convertible into common stock of the issuer on a one-for-one basis, which vests on November 1, 2025, subject to accelerated vesting under certain conditions.
F3 Includes 30,000 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.
F5 On November 4, 2024, the reporting person received a grant of 23,625 RSUs convertible into common stock of the issuer on a one-for-one basis, which vests in three equal installments on each of November 1, 2025, November 1, 2026, and November 1, 2027, subject to accelerated vesting under certain circumstances.