Kelly Roland Thomas 4
4 · Velocity Financial, Inc. · Filed Jan 21, 2025
Insider Transaction Report
Form 4
Kelly Roland Thomas
Chief Legal Officer and GC
Transactions
- Award
Common Stock
2025-01-21$18.82/sh+13,283$249,986→ 97,076 total - Award
Performance Stock Units
2025-01-21$18.82/sh+13,283$249,986→ 110,359 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 2025, 2026 and 2027 with potential vesting of 0 to 200% of the granted PSUs following fiscal year end 2027.