Sec Form 4 Filing - BENZ PETER @ Red Violet, Inc. - 2021-12-09

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
BENZ PETER
2. Issuer Name and Ticker or Trading Symbol
Red Violet, Inc. [ RDVT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O RED VIOLET, INC., 2650 N. MILITARY TRAIL, SUITE 300
3. Date of Earliest Transaction (MM/DD/YY)
12/09/2021
(Street)
BOCA RATON, FL33431
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/09/2021 G V 2,600 D $ 0( 1 ) 83,466( 2 )( 3 )( 4 ) D
Common Stock 01/04/2022 S 4 D $ 37.75 83,462( 2 )( 3 )( 4 ) D
Common Stock 01/05/2022 S 200 D $ 37.21 83,262( 2 )( 3 )( 4 ) D
Common Stock 01/05/2022 S 1,839 D $ 36.53( 5 ) 81,423( 2 )( 3 )( 4 ) D
Common Stock 01/05/2022 S 6,800 D $ 35.15( 6 ) 74,623( 2 )( 3 )( 4 ) D
Common Stock 01/06/2022 S 1,157 D $ 33.78( 7 ) 73,466( 2 )( 3 )( 4 ) D
Common Stock 20,928 I Shares held by Reporting Person's 401(k) Account
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
BENZ PETER
C/O RED VIOLET, INC.
2650 N. MILITARY TRAIL, SUITE 300
BOCA RATON, FL33431
X
Signatures
/s/ Peter Benz 01/06/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This transaction represents a gift/charitable donation effective December 9, 2021, 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.
( 2 )Includes 4,166 restricted stock units ("RSUs") originally granted on October 28, 2019, convertible into common stock of the issuer on a one-for-one basis, which vests on September 1, 2022, subject to accelerated vesting under certain conditions.
( 3 )Includes 4,666 RSUs, originally granted on November 20, 2020, convertible into common stock of the issuer on a one-for-one basis, which vest in approximately two equal installments on each of November 1, 2022 and November 1, 2023, subject to accelerated vesting under certain conditions.
( 4 )Includes 8,900 RSUs, originally granted on September 24, 2021, 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.
( 5 )The shares were sold in multiple transactions at prices ranging from $36.00 to $36.88, inclusive, with a weighted average price per share of $36.53. The reporting person undertakes to provide Red Violet, Inc., any security holder of Red Violet, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the ranges set forth in this footnote.
( 6 )The shares were sold in multiple transactions at prices ranging from $35.00 to $35.55, inclusive, with a weighted average price per share of $35.15. The reporting person undertakes to provide Red Violet, Inc., any security holder of Red Violet, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the ranges set forth in this footnote.
( 7 )The shares were sold in multiple transactions at prices ranging from $33.53 to $34.09, inclusive, with a weighted average price per share of $33.78. The reporting person undertakes to provide Red Violet, Inc., any security holder of Red Violet, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the ranges set forth in this footnote.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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