4//SEC Filing
McBeath Kathryn 4
Accession 0001628280-22-032116
CIK 0001745317other
Filed
Dec 15, 7:00 PM ET
Accepted
Dec 16, 4:42 PM ET
Size
10.9 KB
Accession
0001628280-22-032116
Insider Transaction Report
Form 4
McBeath Kathryn
Chief People Officer
Transactions
- Disposition to Issuer
Restricted Stock Unit
2022-12-14−1,607→ 14,465 total→ Common Stock (1,607 underlying) - Exercise/Conversion
Common Stock
2022-12-14+1,607→ 564,268 total - Sale
Common Stock
2022-12-15$0.97/sh−1,775$1,722→ 562,493 total - Sale
Common Stock
2022-12-15$0.97/sh−592$574→ 561,901 total
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 December 8, 2021.
- [F2]Includes 15,000 shares acquired under the VLDR 2020 Employee Stock Purchase Plan on November 30, 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 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 Restricted Stock Units ("RSUs") which represent a contingent right to receive one (1) share of Common Stock for each RSU. The RSU shall vest with respect to six-and-one-quarter percent (6.25%) of the RSUs on each company quarterly vesting dates after February 28, 2021, provided the Reporting Person remains in continuous service on each vesting date. Quarterly vesting dates are February 28, May 28, August 28 and November 28.
Documents
Issuer
Velodyne Lidar, Inc.
CIK 0001745317
Entity typeother
Related Parties
1- filerCIK 0001834247
Filing Metadata
- Form type
- 4
- Filed
- Dec 15, 7:00 PM ET
- Accepted
- Dec 16, 4:42 PM ET
- Size
- 10.9 KB