James Reilly - 04 Nov 2022 Form 4 Insider Report for Red Violet, Inc. (RDVT)

Role
President
Signature
/s/ James Reilly
Issuer symbol
RDVT
Transactions as of
04 Nov 2022
Transactions value $
-$71,572
Form type
4
Filing time
08 Nov 2022, 17:53:05 UTC
Previous filing
13 Oct 2022
Next filing
10 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDVT Common Stock Award +10K +2.49% 411K 04 Nov 2022 Direct F1, F2, F3, F4
transaction RDVT Common Stock Tax liability -$71.6K -4.24K -1.03% $16.90 407K 04 Nov 2022 Direct F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the second vesting of 10,000 restricted stock units (RSUs) of the grant originally approved by the Company's Compensation Committee on November 20, 2020.
F2 Includes 10,000 RSUs originally granted on November 20, 2020, convertible into common stock of the issuer on a one-for-one basis, which vests on November 1, 2023, subject to accelerated vesting under certain conditions.
F3 Includes 21,666 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 Includes 40,000 RSUs originally granted on October 12, 2022, 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 conditions.
F5 Represents the disposition to issuer for tax obligations upon the vesting of RSUs.