Peter Benz - Nov 4, 2024 Form 4 Insider Report for Red Violet, Inc. (RDVT)

Role
Director
Signature
/s/ Peter Benz
Stock symbol
RDVT
Transactions as of
Nov 4, 2024
Transactions value $
$0
Form type
4
Date filed
11/5/2024, 06:54 PM
Previous filing
Dec 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDVT Common Stock Award +8K +8.42% 103K Nov 4, 2024 Direct F1, F2, F3
holding RDVT Common Stock 20.9K Nov 4, 2024 Shares held by Reporting Person's 401(k) Account
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 4, 2024, the reporting person received a grant of 8,000 restricted stock units ("RSUs"), convertible into common stock of the issuer on a one-for-one basis, which vest in approximately three equal installments on each of November 1, 2025, November 1, 2026, and November 1, 2027, subject to accelerated vesting under certain conditions. The RSU grant includes an award of 3,760 RSUs for serving as a member of the Company's Board of Directors, 2,960 RSUs for serving as a member of the Audit Committee and 1,280 RSUs for serving as the Chair of the Audit Committee.
F2 Includes 10,800 RSUs originally granted on November 30, 2023, convertible into common stock of the issuer on a one-for-one basis, which vests in approximately three equal installments on each of December 1, 2024, December 1, 2025, and December 1, 2026, subject to accelerated vesting under certain conditions.
F3 Includes 3,600 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.