4//SEC Filing
Tam Fiona 4
Accession 0001214659-23-000635
CIK 0001692376other
Filed
Jan 12, 7:00 PM ET
Accepted
Jan 13, 6:21 PM ET
Size
6.8 KB
Accession
0001214659-23-000635
Insider Transaction Report
Form 4
Tam Fiona
Chief Accounting Officer
Transactions
- Award
Common Stock
2023-01-13$10.00/sh+4,800$48,000→ 34,466 total - Award
Performance Stock Units
2023-01-13$10.00/sh+4,800$48,000→ 39,266 total
Footnotes (2)
- [F1]Acquisition of restricted stock subject to annual vesting ratably over three years from grant date.
- [F2]Grant of Performance Stock Units. Under the terms of the grant, 100% of the PSUs are subject to forfeiture based on Velocity's average annual performance as measured by Core Net Income Annual Growth for fiscal years 2023, 2024 and 2025 with potential vesting of 0 to 9,600 shares following fiscal year end 2025.
Documents
Issuer
Velocity Financial, Inc.
CIK 0001692376
Entity typeother
Related Parties
1- filerCIK 0001911775
Filing Metadata
- Form type
- 4
- Filed
- Jan 12, 7:00 PM ET
- Accepted
- Jan 13, 6:21 PM ET
- Size
- 6.8 KB