4//SEC Filing
Horwood Daniel 4
Accession 0001628280-22-025084
CIK 0001745317other
Filed
Sep 15, 8:00 PM ET
Accepted
Sep 16, 5:07 PM ET
Size
11.1 KB
Accession
0001628280-22-025084
Insider Transaction Report
Form 4
Horwood Daniel
General Counsel & Corp Secty
Transactions
- Sale
Common Stock
2022-09-15$1.23/sh−2,498$3,073→ 641,973 total - Exercise/Conversion
Common Stock
2022-09-14+865→ 644,794 total - Sale
Common Stock
2022-09-15$1.23/sh−323$397→ 644,471 total - Exercise/Conversion
Restricted Stock Unit
2022-09-14+865→ 10,380 total→ Common Stock (11,245 underlying)
Footnotes (4)
- [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 September 14, 2022.
- [F2]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.
- [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 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.
- [F4]The Reporting Person was granted RSUs that will vest in installments over four (4) years, with six-and-one-quarter percent (6.25%) of the RSUs vesting on the quarterly anniversary date of the Vesting Commencement Date ("VCD") of August 31, 2021, and the remaining RSUs vesting on the quarterly VCD thereafter, subject to continued employment with the Issuer through each anniversary date.
Documents
Issuer
Velodyne Lidar, Inc.
CIK 0001745317
Entity typeother
Related Parties
1- filerCIK 0001756566
Filing Metadata
- Form type
- 4
- Filed
- Sep 15, 8:00 PM ET
- Accepted
- Sep 16, 5:07 PM ET
- Size
- 11.1 KB