James Reilly - Nov 28, 2023 Form 4 Insider Report for Red Violet, Inc. (RDVT)

Role
President
Signature
/s/ James Reilly
Stock symbol
RDVT
Transactions as of
Nov 28, 2023
Transactions value $
-$200,605
Form type
4
Date filed
11/30/2023, 06:25 PM
Previous filing
Oct 10, 2023
Next filing
Oct 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDVT Common Stock Award +23.3K +11.11% 233K Nov 28, 2023 Direct F1, F2, F3, F4
transaction RDVT Common Stock Tax liability -$201K -9.88K -4.23% $20.30 224K Nov 28, 2023 Direct F2, F3, F4, F5
transaction RDVT Common Stock Award +40K +17.89% 264K Nov 30, 2023 Direct F2, F3, F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the third vesting of 10,000 restricted stock units (RSUs) of the grant originally approved by the Company's Compensation Committee on November 20, 2020 and the first vesting of 13,334 RSUs of the grant originally approved by the Company's Compensation Committee on October 12, 2022.
F2 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.
F3 Includes 26,666 RSUs originally granted on October 12, 2022, convertible into common stock of the issuer on a one-for-one basis, which vest in two equal installments on each of November 1, 2024 and November 1, 2025, subject to accelerated vesting under certain conditions.
F4 Since the date of the reporting person's last ownership report, the reporting person transferred 1,676 shares of Red Violet common stock to his ex-spouse pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any of these securities owned by his ex-wife.
F5 Represents the disposition to issuer for tax obligations upon the vesting of RSUs.
F6 On November 30, 2023, the reporting person received a grant of 40,000 RSUs convertible into common stock of the issuer on a one-for-one basis, which vest in three equal installments on each of December 1, 2024, December 1, 2025 and December 1, 2026, subject to accelerated vesting under certain circumstances.