Robert Swayman - Sep 24, 2021 Form 4 Insider Report for Red Violet, Inc. (RDVT)

Role
Director
Signature
/s/ Robert Swayman
Stock symbol
RDVT
Transactions as of
Sep 24, 2021
Transactions value $
$0
Form type
4
Date filed
9/27/2021, 06:32 PM
Next filing
Oct 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDVT Common Stock Award +7.4K +15.52% 55.1K Sep 24, 2021 Direct F1, F2, F3
holding RDVT Common Stock 5.08K Sep 24, 2021 See Footnote F4
holding RDVT Common Stock 8K Sep 24, 2021 See Footnote F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On September 24, 2021, the reporting person received a grant of 7,400 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 October 1, 2022, October 1, 2023 and October 1, 2024, subject to accelerated vesting under certain conditions. The RSU grant includes an award of 2,400 RSUs for serving as a member of the Company's Board of Directors and 5,000 RSUs for serving on the Audit Committee.
F2 On November 20, 2020, the reporting person received a grant of 4,500 RSUs, convertible into common stock of the issuance on a one-for-one basis, which vest in approximately three equal installments on each of November 1, 2021, November 1, 2022, and November 1, 2023, subject to accelerated vesting under certain conditions.
F3 Includes 2,666 RSUs convertible into common stock originally granted on October 28, 2019. The RSUs vest on September 1, 2022, subject to accelerated vesting under certain conditions.
F4 Shares held through BSIG, LLC, of which Mr. Swayman is a member.
F5 Shares held by a family trust of which Mr. Swayman serves as co-trustee.