Peter Benz - 09 Dec 2021 Form 4 Insider Report for Red Violet, Inc. (RDVT)

Role
Director
Signature
/s/ Peter Benz
Issuer symbol
RDVT
Transactions as of
09 Dec 2021
Net transactions value
-$352,875
Form type
4
Filing time
06 Jan 2022, 17:30:24 UTC
Previous filing
27 Sep 2021
Next filing
04 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDVT Common Stock Gift $0 -2,600 -3% $0.000000 83,466 09 Dec 2021 Direct F1, F2, F3, F4
transaction RDVT Common Stock Sale $151 -4 -0% $37.75 83,462 04 Jan 2022 Direct F2, F3, F4
transaction RDVT Common Stock Sale $7,442 -200 -0.24% $37.21 83,262 05 Jan 2022 Direct F2, F3, F4
transaction RDVT Common Stock Sale $67,179 -1,839 -2.2% $36.53 81,423 05 Jan 2022 Direct F2, F3, F4, F5
transaction RDVT Common Stock Sale $239,020 -6,800 -8.4% $35.15 74,623 05 Jan 2022 Direct F2, F3, F4, F6
transaction RDVT Common Stock Sale $39,083 -1,157 -1.6% $33.78 73,466 06 Jan 2022 Direct F2, F3, F4, F7
holding RDVT Common Stock 20,928 09 Dec 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 This transaction represents a gift/charitable donation effective December 9, 2021, to a qualified religious and educational organization. This is not a market transaction, thus no price has been reported. No value was received for the gifted shares.
F2 Includes 4,166 restricted stock units ("RSUs") originally granted on October 28, 2019, convertible into common stock of the issuer on a one-for-one basis, which vests on September 1, 2022, subject to accelerated vesting under certain conditions.
F3 Includes 4,666 RSUs, originally granted on November 20, 2020, convertible into common stock of the issuer on a one-for-one basis, which vest in approximately two equal installments on each of November 1, 2022 and November 1, 2023, subject to accelerated vesting under certain conditions.
F4 Includes 8,900 RSUs, originally granted on September 24, 2021, 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.
F5 The shares were sold in multiple transactions at prices ranging from $36.00 to $36.88, inclusive, with a weighted average price per share of $36.53. The reporting person undertakes to provide Red Violet, Inc., any security holder of Red Violet, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the ranges set forth in this footnote.
F6 The shares were sold in multiple transactions at prices ranging from $35.00 to $35.55, inclusive, with a weighted average price per share of $35.15. The reporting person undertakes to provide Red Violet, Inc., any security holder of Red Violet, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the ranges set forth in this footnote.
F7 The shares were sold in multiple transactions at prices ranging from $33.53 to $34.09, inclusive, with a weighted average price per share of $33.78. The reporting person undertakes to provide Red Violet, Inc., any security holder of Red Violet, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the ranges set forth in this footnote.