Derek Dubner - Nov 4, 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
Nov 4, 2022
Transactions value $
-$71,572
Form type
4
Date filed
11/8/2022, 05:53 PM
Previous filing
Oct 13, 2022
Next filing
Feb 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDVT Common Stock Award +10K +1.8% 567K Nov 4, 2022 Direct F1, F2, F3, F4
transaction RDVT Common Stock Tax liability -$71.6K -4.24K -0.75% $16.90 563K Nov 4, 2022 Direct F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the second vesting of 10,000 restricted stock units (RSUs) of the grant originally approved by the Company's Compensation Committee on November 20, 2020.
F2 Includes 10,000 RSUs originally granted on November 20, 2020, convertible into common stock of the issuer on a one-for-one basis, which vests on 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 Includes 40,000 RSUs originally granted on October 12, 2022, 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 conditions.
F5 Represents the disposition to issuer for tax obligations upon the vesting of RSUs.