Derek Dubner - Dec 2, 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
Dec 2, 2024
Transactions value $
-$245,346
Form type
4
Date filed
12/2/2024, 06:25 PM
Previous filing
Nov 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDVT Common Stock Award +13.3K +2.28% 597K Dec 2, 2024 Direct F1, F2, F3, F4
transaction RDVT Common Stock Tax liability -$245K -6.67K -1.12% $36.80 590K Dec 2, 2024 Direct F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the first vesting of 13,334 restricted stock units (RSUs) of the grant originally approved by the Company's Compensation Committee on November 30, 2023.
F2 Includes 13,333 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 26,666 RSUs originally granted on November 30, 2023, convertible into common stock of the issuer on a one-for-one basis, which vests in two equal installments on each of December 1, 2025 and December 1, 2026, subject to accelerated vesting under certain circumstances.
F4 Includes 31,500 RSUs originally granted on November 4, 2024, 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.
F5 Represents the disposition to issuer for tax obligations upon the vesting of RSUs.