James Reilly - Oct 5, 2023 Form 4 Insider Report for Red Violet, Inc. (RDVT)

Role
President
Signature
/s/ James Reilly
Stock symbol
RDVT
Transactions as of
Oct 5, 2023
Transactions value $
-$90,062
Form type
4
Date filed
10/10/2023, 06:30 PM
Previous filing
Nov 8, 2022
Next filing
Nov 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDVT Common Stock Award +10.8K +4.73% 240K Oct 5, 2023 Direct F1, F2, F3, F4, F5
transaction RDVT Common Stock Tax liability -$90.1K -4.59K -1.91% $19.63 235K Oct 5, 2023 Direct F2, F3, F4, F5, F6
* 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 10,833 restricted stock units (RSUs) of the grant originally approved by the Company's Compensation Committee on September 24, 2021.
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 10,833 RSUs originally granted on September 24, 2021, convertible into common stock of the issuer on a one-for-one basis, which vests on 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 Since the date of the reporting person's last ownership report, the reporting person transferred 167,514 shares of Red Violet common stock to his ex-spouse pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any of these securities owned by his ex-wife.
F6 Represents the disposition to issuer for tax obligations upon the vesting of RSUs.