Peter Benz - Nov 26, 2024 Form 4 Insider Report for Red Violet, Inc. (RDVT)

Role
Director
Signature
/s/ Peter Benz
Stock symbol
RDVT
Transactions as of
Nov 26, 2024
Transactions value $
-$935,429
Form type
4
Date filed
11/27/2024, 06:30 PM
Previous filing
Nov 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDVT Common Stock Sale -$87.4K -2.3K -2.23% $38.00 101K Nov 26, 2024 Direct F1, F2, F3, F4
transaction RDVT Common Stock Sale -$747K -20K -19.85% $37.37 80.8K Nov 26, 2024 Direct F2, F3, F4, F5
transaction RDVT Common Stock Sale -$101K -2.7K -3.34% $37.27 78.1K Nov 27, 2024 Direct F2, F3, F4, F6
holding RDVT Common Stock 20.9K Nov 26, 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 The shares were sold in multiple transactions at prices ranging from $37.99 to $38.00, inclusive, with a weighted average price per share of $38.00. The reporting person undertakes to provide Red Violet, Inc., any security holder of Red Violet, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the ranges set forth in this footnote.
F2 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.
F3 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.
F4 Includes 8,000 RSUs originally granted on November 4, 2024, convertible into common stock of the issuer on a one-for-one basis, which vests 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.
F5 The shares were sold in multiple transactions at prices ranging from $36.90 to $37.75, inclusive, with a weighted average price per share of $37.37. The reporting person undertakes to provide Red Violet, Inc., any security holder of Red Violet, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the ranges set forth in this footnote.
F6 The shares were sold in multiple transactions at prices ranging from $37.25 to $37.30, inclusive, with a weighted average price per share of $37.27. The reporting person undertakes to provide Red Violet, Inc., any security holder of Red Violet, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the ranges set forth in this footnote.