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4//SEC Filing

Slanina Kristin 4

Accession 0001628280-23-003320

CIK 0001745317other

Filed

Feb 12, 7:00 PM ET

Accepted

Feb 13, 4:57 PM ET

Size

9.4 KB

Accession

0001628280-23-003320

Insider Transaction Report

Form 4
Period: 2023-02-10
Transactions
  • Exercise/Conversion

    Common Stock

    2023-02-10+11,039153,586 total
  • Disposition to Issuer

    Common Stock

    2023-02-10153,5860 total
  • Exercise/Conversion

    Restricted Stock Unit

    2023-02-1011,0390 total
    Common Stock (11,039 underlying)
Footnotes (4)
  • [F1]On February 10, 2023, the closing of the transactions contemplated by the Agreement and Plan of Merger, dated November 4, 2022 (as it may be amended from time to time), by and among Ouster, Inc. ("Ouster"), Oban Merger Sub, Inc., a wholly owned subsidiary of Ouster, Oban Merger Sub II LLC, a wholly owned subsidiary of Ouster, and Velodyne Lidar, Inc. ("Velodyne") occurred, pursuant to which Velodyne merged into a wholly owned subsidiary of Ouster (the "Merger").
  • [F2]Pursuant to the Company's Outside Director Compensation Policy, each unvested RSU was accelerated upon the closing of the Merger.
  • [F3]Includes a restricted stock award of 111,028 shares that was accelerated upon the closing of the Mergers pursuant to the Company's Outside Director Compensation Policy.
  • [F4]The Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of the issuer's common stock. The RSUs were granted in connection with the Reporting Person's appointment as a member of the Board of Directors. Subject to the Reporting Person's continuous service, the RSUs will vest with respect to 1/3 of the RSUs annually on the date of grant.

Issuer

Velodyne Lidar, Inc.

CIK 0001745317

Entity typeother

Related Parties

1
  • filerCIK 0001822814

Filing Metadata

Form type
4
Filed
Feb 12, 7:00 PM ET
Accepted
Feb 13, 4:57 PM ET
Size
9.4 KB