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Red Violet, Inc. — Director's Dealing 2023
Dec 1, 2023
32492_dirs_2023-11-30_006f66ab-44ee-4bc5-ae6f-b96fb0f07e52.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Red Violet, Inc. (RDVT)
CIK: 0001720116
Period of Report: 2023-11-28
Reporting Person: MacLachlan Daniel (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-11-28 | Common Stock | A | 23334 | — | Acquired | 364425 | Direct |
| 2023-11-28 | Common Stock | F | 9882 | $20.30 | Disposed | 354543 | Direct |
| 2023-11-28 | Common Stock | G | 2500 | — | Disposed | 352043 | Direct |
| 2023-11-30 | Common Stock | A | 40000 | — | Acquired | 392043 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 466 | Indirect |
Footnotes
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: Represents the disposition to issuer for tax obligations upon the vesting of RSUs.
F5: This transaction represented a gift/charitable donation effective November 28, 2023, to a qualified religious and educational organization. This is not a market transaction, thus no price has been reported. No value was received for the gifted shares.
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.