Steven D. Rubin - Sep 24, 2021 Form 4 Insider Report for Red Violet, Inc. (RDVT)

Role
Director
Signature
/s/ Steven D. Rubin
Stock symbol
RDVT
Transactions as of
Sep 24, 2021
Transactions value $
$0
Form type
4
Date filed
9/27/2021, 06:30 PM
Previous filing
Jul 20, 2021
Next filing
Jun 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDVT Common Stock Award +8.9K +7.9% 122K Sep 24, 2021 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On September 24, 2021, the reporting person received a grant of 8,900 restricted stock units ("RSUs"), convertible into common stock of the issuer on a one-for-one basis, which vest in approximately three equal installments on each of October 1, 2022, October 1, 2023 and October 1, 2024, subject to accelerated vesting under certain conditions. The RSU grant includes an award of 2,400 RSUs for serving as a member of the Company's Board of Directors, 5,000 RSUs for serving on the Audit Committee and 1,500 RSUs for serving as the Chair of the Compensation Committee.
F2 Includes 4,166 RSUs convertible into common stock originally granted on October 28, 2019. The RSUs vest on September 1, 2022, subject to accelerated vesting under certain conditions.
F3 Includes 7,000 RSUs originally granted on November 20, 2020. The RSUs vest in approximately three equal installments on each of November 1, 2021, November 1, 2022, and November 1, 2023, subject to accelerated vesting under certain conditions.
F4 Includes 28,334 vested RSUs in which the reporting person has elected to defer delivery until the reporting person's separation of service from the issuer or death or disability.