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

Role
Director
Signature
/s/ Peter Benz
Stock symbol
RDVT
Transactions as of
Sep 24, 2021
Transactions value $
$0
Form type
4
Date filed
9/27/2021, 06:33 PM
Previous filing
Aug 25, 2021
Next filing
Jan 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDVT Common Stock Award +8.9K +11.53% 86.1K Sep 24, 2021 Direct F1, F2, F3
holding RDVT Common Stock 20.9K Sep 24, 2021 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 On September 24, 2021, the reporting person received a grant of 8,900 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, 5,000 RSUs for serving on the Audit Committee and 1,500 RSUs for serving as the Chair of the Audit Committee.
F2 Includes 7,000 RSUs originally granted on November 20, 2020. The RSUs 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 4,166 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.