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

Role
Director
Signature
/s/ Peter Benz
Stock symbol
RDVT
Transactions as of
Nov 30, 2023
Transactions value $
$0
Form type
4
Date filed
12/4/2023, 06:35 PM
Previous filing
Oct 13, 2022
Next filing
Nov 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDVT Common Stock Award +10.8K +12.82% 95.1K Nov 30, 2023 Direct F1, F2, F3
holding RDVT Common Stock 20.9K Nov 30, 2023 Shares held by Reporting Person's 401(k) Account
* 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 10,800 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, 4,000 RSUs for serving on the Audit Committee and 1,800 RSUs for serving as the Chair of the Audit Committee.
F2 Includes 2,966 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 7,200 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.