JEFFREY DELL - 12 Oct 2022 Form 4 Insider Report for Red Violet, Inc. (RDVT)

Role
Chief Information Officer
Signature
/s/ Jeffrey Dell
Issuer symbol
RDVT
Transactions as of
12 Oct 2022
Net transactions value
-$60,328
Form type
4
Filing time
13 Oct 2022, 18:30:12 UTC
Previous filing
26 Sep 2022
Next filing
08 Nov 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 +8,334 +6.7% 133,286 12 Oct 2022 Direct F1, F2, F3
transaction RDVT Common Stock Tax liability $60,328 -3,530 -2.6% $17.09 129,756 12 Oct 2022 Direct F2, F3, F4
transaction RDVT Common Stock Award +30,000 +23% 159,756 12 Oct 2022 Direct F5
* 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 8,334 restricted stock units (RSUs) of a grant originally approved by the Company's Compensation Committee on September 24, 2021.
F2 Includes 13,333 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 vesting under certain conditions.
F3 Includes 16,666 RSUs originally granted on September 24, 2021, convertible into common stock of the issuer on a one-for-one basis, which vest in two equal installments on each of October 1, 2023 and October 1, 2024, subject to accelerated vesting under certain conditions.
F4 Represents the disposition to issuer for tax obligations upon the vesting of RSUs.
F5 On October 12, 2022, the reporting person received a grant of 30,000 RSUs, 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 circumstances.