4//SEC Filing
Vella Michael 4
Accession 0000899243-21-028781
CIK 0001745317other
Filed
Jul 18, 8:00 PM ET
Accepted
Jul 19, 6:07 AM ET
Size
9.6 KB
Accession
0000899243-21-028781
Insider Transaction Report
Form 4
Vella Michael
General Counsel
Transactions
- Exercise/Conversion
Restricted Stock Unit
2021-06-09−2,480→ 34,715 total→ Common Stock (2,480 underlying) - Exercise/Conversion
Common Stock
2021-07-14+2,480→ 49,909 total - Sale
Common Stock
2021-07-15$9.23/sh−874$8,067→ 49,035 total
Footnotes (3)
- [F1]The Reporting Person was granted restricted stock units ("RSUs") which represent a contingent right to receive one share of Common Stock for each RSU. The shares were issued pursuant to vested RSUs released on July 14, 2021.
- [F2]The sales reported on this Form 4 represent shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the previously reported vesting and settlement of RSUs. These sales are mandated by the Reporting Person's award agreement to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person.
- [F3]The Reporting Person was granted RSUs which represent a contingent right to receive one share of Common Stock for each RSU. The RSU shall vest with respect to 6.25% of the RSUs on each company quarterly vesting dates after January 15, 2021, provided the Reporting Person remains in continuous service on each vesting date. Quarterly vesting dates are March 31, June 30, September 30 and December 31.
Documents
Issuer
Velodyne Lidar, Inc.
CIK 0001745317
Entity typeother
Related Parties
1- filerCIK 0001825562
Filing Metadata
- Form type
- 4
- Filed
- Jul 18, 8:00 PM ET
- Accepted
- Jul 19, 6:07 AM ET
- Size
- 9.6 KB