Tewell Thomas 4
4 · Velodyne Lidar, Inc. · Filed Mar 15, 2021
Insider Transaction Report
Form 4
Tewell Thomas
Chief Operating Officer
Transactions
- Sale
Common Stock
2021-03-11$12.85/sh−116,905$1,502,697→ 148,415 total
Footnotes (1)
- [F1]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 restricted stock units ("RSUs"). These sales are mandated by the Issuer's election under its equity incentive plans 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.