Derek Dubner - Sep 26, 2022 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
Sep 26, 2022
Transactions value $
-$226,719
Form type
4
Date filed
9/26/2022, 05:35 PM
Previous filing
May 4, 2022
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 +33.3K +6.51% 546K Sep 26, 2022 Direct F1, F2, F3
transaction RDVT Common Stock Tax liability -$227K -14.1K -2.59% $16.06 531K Sep 26, 2022 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 final vesting of 33,333 restricted stock units (RSUs) of the performance grant originally approved by the Company's Compensation Committee on October 28, 2019.
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 vesting 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 vesting under certain conditions.
F4 Represents the disposition to issuer for tax obligations upon the vesting of RSUs.