Derek Dubner - Nov 11, 2021 Form 4 Insider Report for Red Violet, Inc. (RDVT)

Role
CEO, Director, Chairman of Board
Signature
/s/ Derek Dubner
Stock symbol
RDVT
Transactions as of
Nov 11, 2021
Transactions value $
-$147,802
Form type
4
Date filed
11/15/2021, 04:02 PM
Previous filing
Sep 27, 2021
Next filing
May 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDVT Common Stock Award +10K +2.14% 478K Nov 11, 2021 Direct F1, F2, F3
transaction RDVT Common Stock Tax liability -$148K -4.24K -0.89% $34.90 474K Nov 11, 2021 Direct F2, F3, F4
* 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 10,000 restricted stock units (RSUs) of a grant originally approved by the Company's Compensation Committee on November 20, 2020.
F2 Includes 20,000 RSUs originally granted on November 20, 2020, convertible into common stock of the issuer on a one-for-one basis, which vest in two equal installments on each of November 1, 2022, and November 1, 2023, subject to accelerated vested under certain conditions.
F3 Includes 32,500 RSUs originally granted on September 24, 2021, convertible into common stock of the issuer on a one-for-one basis, which vest in three equal installments on each of October 1, 2022, October 1, 2023 and October 1, 2024, subject to accelerated vested under certain conditions.
F4 Represents the disposition to issuer for tax obligations upon the vesting of RSUs.