Daniel MacLachlan - 05 Oct 2023 Form 4 Insider Report for Red Violet, Inc. (RDVT)

Signature
/s/ Daniel MacLachlan
Issuer symbol
RDVT
Transactions as of
05 Oct 2023
Transactions value $
-$90,062
Form type
4
Filing time
10 Oct 2023, 18:25:08 UTC
Previous filing
13 Feb 2023
Next filing
30 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDVT Common Stock Award +10.8K +3.02% 369K 05 Oct 2023 Direct F1, F2, F3, F4
transaction RDVT Common Stock Tax liability -$90.1K -4.59K -1.24% $19.63 364K 05 Oct 2023 Direct F2, F3, F4, F5
holding RDVT Common Stock 466 05 Oct 2023 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 second 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 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 10,833 RSUs originally granted on September 24, 2021, convertible into common stock of the issuer on a one-for-one basis, which vests on 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.