Vella Michael 4
4 · Velodyne Lidar, Inc. · Filed Mar 10, 2021
Insider Transaction Report
Form 4
Vella Michael
General Counsel
Transactions
- Award
Restricted Stock Unit
2021-03-08+62,263→ 62,263 totalExercise: $0.00→ Common Stock (62,263 underlying) - Award
Restricted Stock Unit
2021-03-08+39,674→ 39,674 totalExercise: $0.00→ Common Stock (39,674 underlying)
Footnotes (2)
- [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 RSU shall vest with respect to 25% of the RSUs on each company quarterly vesting dates after January 25, 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.
- [F2]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 RSU shall vest with respect to 25% of the RSUs on each company quarterly vesting dates after February 28, 2021, provided the Reporting Person remains in continuous service on each vesting date. Quarterly vesting dates are February 28, May 28, August 28 and November 28.