Daniel MacLachlan - 27 Sep 2024 Form 4 Insider Report for Red Violet, Inc. (RDVT)

Signature
/s/ Daniel MacLachlan
Issuer symbol
RDVT
Transactions as of
27 Sep 2024
Transactions value $
-$154,114
Form type
4
Filing time
01 Oct 2024, 17:47:29 UTC
Previous filing
30 Nov 2023
Next filing
05 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDVT Common Stock Award +10.8K +2.84% 392K 01 Oct 2024 Direct F1, F2, F3
transaction RDVT Common Stock Tax liability -$154K -5.42K -1.38% $28.45 387K 01 Oct 2024 Direct F2, F3, F4
transaction RDVT Common Stock Gift -1.88K -0.48% 385K 27 Sep 2024 Direct F2, F3, F5
holding RDVT Common Stock 466 27 Sep 2024 Held by IRA
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the third 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 26,666 RSUs originally granted on October 12, 2022, convertible into common stock of the issuer on a one-for-one basis, which vests in two equal installments on each of November 1, 2024 and November 1, 2025, subject to accelerated vesting under certain conditions.
F3 Includes 40,000 RSUs originally granted on November 30, 2023, convertible into common stock of the issuer on a one-for-one basis, which vests in three equal installments on each of December 1, 2024, December 1, 2025 and December 1, 2026, subject to accelerated vesting under certain circumstances.
F4 Represents the disposition to issuer for tax obligations upon the vesting of RSUs.
F5 This transaction represented a gift/charitable donation effective September 27, 2024, to a qualified religious and educational organization. This is not a market transaction, thus no price has been reported. No value was received for the gifted shares.