4//SEC Filing
Vass Sinclair 4
Accession 0001628280-22-002356
CIK 0001745317other
Filed
Feb 10, 7:00 PM ET
Accepted
Feb 11, 4:45 PM ET
Size
9.5 KB
Accession
0001628280-22-002356
Insider Transaction Report
Form 4
Vass Sinclair
Chief Commercial Officer
Transactions
- Exercise/Conversion
Common Stock
2022-02-09+2,423→ 5,993 total - Sale
Common Stock
2022-02-10$4.02/sh−1,023$4,111→ 4,970 total - Exercise/Conversion
Restricted Stock Unit
2022-02-09+2,423→ 14,539 total→ Common Stock (16,962 underlying)
Footnotes (5)
- [F1]The Reporting Person was granted Restricted Stock Units ("RSUs") which represent a contingent right to receive one (1) share of Common Stock for each RSU. The shares were issued pursuant to vested RSUs released on February 9, 2022.
- [F2]This Form 4 is being updated to report 236 share(s) that was inadvertently omitted on the Reporting Person's Form 4 filed on July 20, 2021.
- [F3]Includes 1,705 shares acquired under the VLDR 2020 Employee Stock Purchase Plan on Date. This transaction is exempt pursuant to Rule 16b-3(c).
- [F4]The sales reported on this Form 4 represent 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]The Reporting Person was granted RSUs which represent a contingent right to receive one share of Common Stock for each RSU. The RSU shall vest over a two-year period in equal quarterly installments from July 18, 2021, subject to the Reporting Person's continuous service with the issuer.
Documents
Issuer
Velodyne Lidar, Inc.
CIK 0001745317
Entity typeother
Related Parties
1- filerCIK 0001851727
Filing Metadata
- Form type
- 4
- Filed
- Feb 10, 7:00 PM ET
- Accepted
- Feb 11, 4:45 PM ET
- Size
- 9.5 KB