4/A//SEC Filing
Jellen Joseph Michael 4/A
Accession 0001104659-21-072532
CIK 0001745317other
Filed
May 25, 8:00 PM ET
Accepted
May 26, 5:42 PM ET
Size
7.4 KB
Accession
0001104659-21-072532
Insider Transaction Report
Form 4/AAmended
Jellen Joseph Michael
Chief Commercial Officer
Transactions
- Sale
Common Stock
2021-05-25$10.37/sh−280,000$2,903,768→ 1,355,488 total - Sale
Common Stock
2021-05-21$10.23/sh−2,127,882$21,773,978→ 1,635,488 total
Footnotes (3)
- [F1]The sales reported on this Form 4 represent shares sold by the Reporting Person to cover tax withholding obligations. 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.
- [F2]Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $10.08 to $10.63. The Reporting Person has provided to the issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
- [F3]The Reporting Person is filing this amendment to report that the 280,000 shares sold on May 25, 2021 were sold in discretionary open market transactions rather than in non-discretionary "sell to cover" transactions.
Documents
Issuer
Velodyne Lidar, Inc.
CIK 0001745317
Entity typeother
Related Parties
1- filerCIK 0001825601
Filing Metadata
- Form type
- 4/A
- Filed
- May 25, 8:00 PM ET
- Accepted
- May 26, 5:42 PM ET
- Size
- 7.4 KB