Robert Swayman - 12 Oct 2022 Form 4 Insider Report for Red Violet, Inc. (RDVT)

Role
Director
Signature
/s/ Robert Swayman
Issuer symbol
RDVT
Transactions as of
12 Oct 2022
Net transactions value
$0
Form type
4
Filing time
13 Oct 2022, 17:33:16 UTC
Previous filing
27 Sep 2021
Next filing
04 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDVT Common Stock Award +9,000 +16% 64,066 12 Oct 2022 Direct F1, F2, F3
holding RDVT Common Stock 5,083 12 Oct 2022 See Footnote F4
holding RDVT Common Stock 8,000 12 Oct 2022 See Footnote F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On October 12, 2022, the reporting person received a grant of 9,000 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 November 1, 2023, November 1, 2024 and November 1, 2025, subject to accelerated vesting under certain conditions. The RSU grant includes an award of 5,000 RSUs for serving as a member of the Company's Board of Directors and 4,000 RSUs for serving on the Audit Committee.
F2 Includes 4,933 RSUs convertible into common stock originally granted on September 24, 2021. The RSUs vest in approximately two equal installments on October 1, 2023 and October 1, 2024, subject to accelerated vesting under certain conditions.
F3 Includes 3,000 RSUs originally granted on November 20, 2020. The RSUs vest in approximately two equal installments on each of November 1, 2022, and November 1, 2023, 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.