Robert Swayman - Nov 30, 2023 Form 4 Insider Report for Red Violet, Inc. (RDVT)

Role
Director
Signature
/s/ Robert Swayman
Stock symbol
RDVT
Transactions as of
Nov 30, 2023
Transactions value $
$0
Form type
4
Date filed
12/4/2023, 06:25 PM
Previous filing
Oct 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDVT Common Stock Award +9K +14.05% 73.1K Nov 30, 2023 Direct F1, F2, F3
holding RDVT Common Stock 5.08K Nov 30, 2023 See Footnote F4
holding RDVT Common Stock 8K Nov 30, 2023 See Footnote F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 30, 2023, 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 December 1, 2024, December 1, 2025 and December 1, 2026, 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 2,466 RSUs convertible into common stock originally granted on September 24, 2021. The RSUs vest on October 1, 2024, subject to accelerated vesting under certain conditions.
F3 Includes 6,000 RSUs originally granted on October 12, 2022. The RSUs vest in approximately two equal installments on each of November 1, 2024, and November 1, 2025, 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.