4//SEC Filing
Farrar Christopher D. 4
Accession 0001214659-24-001184
CIK 0001692376other
Filed
Jan 24, 7:00 PM ET
Accepted
Jan 25, 3:40 PM ET
Size
7.0 KB
Accession
0001214659-24-001184
Insider Transaction Report
Form 4
Farrar Christopher D.
DirectorChief Executive Officer
Transactions
- Award
Performance Stock Units
2024-01-23$15.86/sh+69,514$1,102,492→ 680,577 total - Award
Common Stock
2024-01-23$15.86/sh+69,514$1,102,492→ 611,063 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 2024, 2025 and 2026 with potential vesting of 0 to 200% of the granted PSUs following fiscal year end 2026.
Documents
Issuer
Velocity Financial, Inc.
CIK 0001692376
Entity typeother
Related Parties
1- filerCIK 0001524993
Filing Metadata
- Form type
- 4
- Filed
- Jan 24, 7:00 PM ET
- Accepted
- Jan 25, 3:40 PM ET
- Size
- 7.0 KB