Walters Matthew Joseph 4
4 · Velo3D, Inc. · Filed Jun 16, 2023
Insider Transaction Report
Form 4
Velo3D, Inc.VLD
Walters Matthew Joseph
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
2023-06-08+18,128→ 815,369 total - Exercise/Conversion
Restricted Stock Units
2023-06-08−18,128→ 0 total→ Common Stock (18,128 underlying) - Sale
Common Stock
2023-06-14$1.93/sh−21,754$42,031→ 793,615 total
Footnotes (4)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one (1) share of the Issuer's Common Stock upon settlement for no consideration.
- [F2]The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2023.
- [F3]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.86 to $2.09 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F4]The RSUs shall vest as to 25% of the total grant quarterly, commencing September 8, 2022, with the remainder of grant vesting on each subsequent December 8, 2022, March 8, 2023, and June 8, 2023, subject to the Reporting Person's continued service to the Issuer on each vesting date.