Derek Dubner - 11 Nov 2021 Form 4 Insider Report for Red Violet, Inc. (RDVT)

Role
CEO, Director, Chairman of Board
Signature
/s/ Derek Dubner
Issuer symbol
RDVT
Transactions as of
11 Nov 2021
Net transactions value
-$147,802
Form type
4
Filing time
15 Nov 2021, 16:02:51 UTC
Previous filing
27 Sep 2021
Next filing
04 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDVT Common Stock Award +10,000 +2.1% 478,020 11 Nov 2021 Direct F1, F2, F3
transaction RDVT Common Stock Tax liability $147,802 -4,235 -0.89% $34.90 473,785 11 Nov 2021 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the first vesting of 10,000 restricted stock units (RSUs) of a grant originally approved by the Company's Compensation Committee on November 20, 2020.
F2 Includes 20,000 RSUs originally granted on November 20, 2020, convertible into common stock of the issuer on a one-for-one basis, which vest in two equal installments on each of November 1, 2022, and November 1, 2023, subject to accelerated vested under certain conditions.
F3 Includes 32,500 RSUs originally granted on September 24, 2021, convertible into common stock of the issuer on a one-for-one basis, which vest in three equal installments on each of October 1, 2022, October 1, 2023 and October 1, 2024, subject to accelerated vested under certain conditions.
F4 Represents the disposition to issuer for tax obligations upon the vesting of RSUs.