Daniel MacLachlan - 02 Dec 2024 Form 4 Insider Report for Red Violet, Inc. (RDVT)

Signature
/s/ Daniel MacLachlan
Issuer symbol
RDVT
Transactions as of
02 Dec 2024
Transactions value $
-$245,346
Form type
4
Filing time
02 Dec 2024, 18:30:03 UTC
Previous filing
25 Nov 2024
Next filing
09 May 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDVT Common Stock Award +13.3K +3.45% 400K 02 Dec 2024 Direct F1, F2, F3, F4
transaction RDVT Common Stock Tax liability -$245K -6.67K -1.67% $36.80 393K 02 Dec 2024 Direct F2, F3, F4, F5
holding RDVT Common Stock 466 02 Dec 2024 Held by IRA
* 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.