Culkin Joseph B. 4
4 · Velodyne Lidar, Inc. · Filed Oct 1, 2020
Insider Transaction Report
Form 4
Culkin Joseph B.
Director
Transactions
- Award
Common Stock
2020-09-29+13,559,196→ 13,559,196 total
Footnotes (1)
- [F1]In connection with the merger described in that certain Agreement and Plan of Merger, dated as of July 2, 2020 (the "Merger"), and amended on August 20, 2020, by and among Graf Industrial Corp., a Delaware corporation now known as Velodyne Lidar, Inc. ("New Velodyne"), VL Merger Sub Inc., a Delaware corporation, and Velodyne Lidar, Inc., a Delaware corporation now known as Velodyne Lidar USA, Inc., the Reporting Person received shares of common stock in New Velodyne in exchange for 4,552,192 shares of common stock in Velodyne Lidar USA, Inc. On the effective date of the Merger, the closing price of New Velodyne common stock was $24.75 per share.