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4//SEC Filing

Cowell Joseph A 4

Accession 0000899243-20-002100

CIK 0001692376other

Filed

Jan 26, 7:00 PM ET

Accepted

Jan 27, 8:40 PM ET

Size

7.9 KB

Accession

0000899243-20-002100

Insider Transaction Report

Form 4
Period: 2020-01-16
Cowell Joseph A
Chief Operating Officer
Transactions
  • Award

    Stock Options (Right to Buy)

    2020-01-16+75,00075,000 total
    Exercise: $13.00Exp: 2030-01-16Common Stock (75,000 underlying)
  • Purchase

    Common Stock

    2020-01-24$13.77/sh+722$9,942722 total
Footnotes (3)
  • [F1]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.75 to $13.78, inclusive. The reporting person undertakes to provide the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
  • [F2]Represents stock options previously granted to the reporting person on Janaury 16, 2020. These stock options were already reflected on the reporting person's previously filed Form 3.
  • [F3]These options vest in three equal installments on the first three anniversaries of the grant date, subject to continued service on the vesting date.

Issuer

Velocity Financial, Inc.

CIK 0001692376

Entity typeother

Related Parties

1
  • filerCIK 0001794796

Filing Metadata

Form type
4
Filed
Jan 26, 7:00 PM ET
Accepted
Jan 27, 8:40 PM ET
Size
7.9 KB