4//SEC Filing
Hall Marta Thoma 4
Accession 0001209191-21-055519
CIK 0001745317other
Filed
Sep 9, 8:00 PM ET
Accepted
Sep 10, 5:39 PM ET
Size
12.9 KB
Accession
0001209191-21-055519
Insider Transaction Report
Form 4
Hall Marta Thoma
DirectorChief Marketing Officer
Transactions
- Exercise/Conversion
Common Stock
2021-09-08+6,427→ 5,471,250 total - Sale
Common Stock
2021-09-08$6.55/sh−3,235$21,189→ 5,468,015 total - Exercise/Conversion
Restricted Stock Unit
2021-09-08−6,427→ 38,559 total→ Common Stock (6,427 underlying)
Holdings
- 59,244,378(indirect: By Spouse)
Common Stock
Hall David S.
DirectorExecutive Chairman10% Owner
Transactions
- Sale
Common Stock
2021-09-08$6.55/sh−3,235$21,189→ 5,468,015 total - Exercise/Conversion
Restricted Stock Unit
2021-09-08−6,427→ 38,559 total→ Common Stock (6,427 underlying) - Exercise/Conversion
Common Stock
2021-09-08+6,427→ 5,471,250 total
Holdings
- 59,244,378(indirect: By Spouse)
Common Stock
Footnotes (7)
- [F1]The Reporting Person ("Marta Thoma Hall") was granted Restricted Stock Units ("RSUs") which represent a right to receive one share of Common Stock for each RSU.
- [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 shares were issued pursuant to vested RSUs released on September 8, 2021.
- [F3]These securities are owned solely by Marta Hall, who is a member of a "group" with David S. Hall for purposes of Section 13(d) of the Exchange Act.
- [F4]The sales reported on this Form 4 include 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.
- [F5]These securities are owned solely by David S. Hall, who is a member of a "group" with the Reporting Person for purposes of Section 13(d) of the Exchange Act.
- [F6]The Reporting Person received RSUs 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 RSUs in exchange for restricted stock units in Velodyne Lidar USA, Inc.
- [F7]The Reporting Person was granted 102,823 RSUs on September 29, 2020 which represent a contingent right to receive one share of Common Stock for each RSU. Of the initial grant, 25% vested on the one-year anniversary, and the remainder vest with respect to 6.25% of the RSUs on each company quarterly vesting dates.
Documents
Issuer
Velodyne Lidar, Inc.
CIK 0001745317
Entity typeother
Related Parties
1- filerCIK 0001825540
Filing Metadata
- Form type
- 4
- Filed
- Sep 9, 8:00 PM ET
- Accepted
- Sep 10, 5:39 PM ET
- Size
- 12.9 KB