4//SEC Filing
Barnhart James 4
Accession 0001628280-22-026429
CIK 0001745317other
Filed
Oct 13, 8:00 PM ET
Accepted
Oct 14, 4:42 PM ET
Size
9.0 KB
Accession
0001628280-22-026429
Insider Transaction Report
Form 4
Barnhart James
Chief Operating Officer
Transactions
- Sale
Common Stock
2022-10-13$0.85/sh−5,163$4,389→ 1,124,249 total - Exercise/Conversion
Common Stock
2022-10-12+14,215→ 1,129,412 total - Exercise/Conversion
Restricted Stock Unit
2022-10-12−14,215→ 142,149 total→ Common Stock (156,364 underlying)
Footnotes (3)
- [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 October 12, 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]Represents RSUs that vest in installments, with twenty-five percent (25%) of the shares vesting on March 15, 2022, and six-and-one-quarter percent (6.25%) of the shares vesting quarterly thereafter, subject to the Reporting Person's continuous service with the Issuer.
Documents
Issuer
Velodyne Lidar, Inc.
CIK 0001745317
Entity typeother
Related Parties
1- filerCIK 0001734406
Filing Metadata
- Form type
- 4
- Filed
- Oct 13, 8:00 PM ET
- Accepted
- Oct 14, 4:42 PM ET
- Size
- 9.0 KB