Red Violet, Inc. — Director's Dealing 2022

Oct 13, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Red Violet, Inc. (RDVT)
CIK: 0001720116
Period of Report: 2022-10-12

Reporting Person: Dubner Derek (Director, CEO, Chairman of Board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-10-12	Common Stock	A	10834	—	Acquired	531424	Direct
2022-10-12	Common Stock	F	4589	$17.09	Disposed	526835	Direct
2022-10-12	Common Stock	A	40000	—	Acquired	566835	Direct

Footnotes

F1: Represents the first vesting of 10,834 restricted stock units (RSUs) of a grant originally approved by the Company's Compensation Committee on September 24, 2021.

F2: Includes 20,000 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 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: 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 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 November 1, 2023, November 1, 2024 and November 1, 2025, subject to accelerated vesting under certain circumstances.