4//SEC Filing
Vass Sinclair 4
Accession 0001628280-22-016895
CIK 0001745317other
Filed
Jun 9, 8:00 PM ET
Accepted
Jun 10, 6:39 PM ET
Size
11.1 KB
Accession
0001628280-22-016895
Insider Transaction Report
Form 4
Vass Sinclair
Chief Commercial Officer
Transactions
- Exercise/Conversion
Common Stock
2022-06-08+9,476→ 741,548 total - Sale
Common Stock
2022-06-09$1.56/sh−2,890$4,508→ 735,144 total - Exercise/Conversion
Restricted Stock Unit
2022-06-08+9,476→ 104,243 total→ Common Stock (113,719 underlying) - Sale
Common Stock
2022-06-09$1.56/sh−3,514$5,482→ 738,034 total
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 June 8, 2022.
- [F2]Includes 5,743 shares acquired under the VLDR 2020 Employee Stock Purchase Plan on May 31, 2022. This transaction is exempt pursuant to Rule 16b-3(c).
- [F3]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.
- [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 restricted stock awards. 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 that vest in installments, with twenty-five percent (25%) of the shares vesting on March 1, 2022, and six-and-one-quarter percent (6.25%) of the shares vesting quarterly thereafter, subject to continued service with the Issuer.
Documents
Issuer
Velodyne Lidar, Inc.
CIK 0001745317
Entity typeother
Related Parties
1- filerCIK 0001851727
Filing Metadata
- Form type
- 4
- Filed
- Jun 9, 8:00 PM ET
- Accepted
- Jun 10, 6:39 PM ET
- Size
- 11.1 KB