Derek Dubner - 12 Jul 2021 Form 4 Insider Report for Red Violet, Inc. (RDVT)

Role
CEO, Director, Chairman of Board
Signature
/s/ Derek Dubner
Issuer symbol
RDVT
Transactions as of
12 Jul 2021
Net transactions value
-$1,071,315
Form type
4
Filing time
14 Jul 2021, 17:35:11 UTC
Next filing
27 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDVT Common Stock Award +125,000 +34% 494,708 12 Jul 2021 Direct F1, F2
transaction RDVT Common Stock Tax liability $1,071,315 -49,188 -9.9% $21.78 445,520 12 Jul 2021 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the final vesting of 125,000 restricted stock units (RSUs) of the performance grant originally approved by the Company's Compensation Committee on September 5, 2018.
F2 Includes 30,000 RSUs originally granted on November 20, 2020, convertible into common stock of the issuer on a one-for-one basis, which vest in three equal installments on each of November 1, 2021, November 1, 2022, and November 1, 2023, subject to accelerated vested under certain conditions.
F3 Represents the disposition to issuer for tax obligations upon the vesting of RSUs.