Derek Dubner - Oct 12, 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
Oct 12, 2022
Transactions value $
-$78,426
Form type
4
Date filed
10/13/2022, 05:34 PM
Previous filing
Sep 26, 2022
Next filing
Nov 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDVT Common Stock Award +10.8K +2.08% 531K Oct 12, 2022 Direct F1, F2, F3
transaction RDVT Common Stock Tax liability -$78.4K -4.59K -0.86% $17.09 527K Oct 12, 2022 Direct F2, F3, F4
transaction RDVT Common Stock Award +40K +7.59% 567K Oct 12, 2022 Direct F5
* 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 10,834 restricted stock units (RSUs) of a grant originally approved by the Company's Compensation Committee on September 24, 2021.
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 21,666 RSUs originally granted on September 24, 2021, convertible into common stock of the issuer on a one-for-one basis, which vest in two equal installments on each of 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.
F5 On October 12, 2022, the reporting person received a grant of 40,000 RSUs, convertible into common stock of the issuer on a one-for-one basis, which vest in three equal installments on each of November 1, 2023, November 1, 2024 and November 1, 2025, subject to accelerated vesting under certain circumstances.