Filing Details

Accession Number:
0001628280-22-005955
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-03-11 17:42:14
Reporting Period:
2022-03-09
Accepted Time:
2022-03-11 17:42:14
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1745317 Velodyne Lidar Inc. VLDR General Industrial Machinery & Equipment, Nec (3569) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1851727 Sinclair Vass 5521 Hellyer Avenue
San Jose CA 95138
Chief Product Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2022-03-09 37,906 $0.00 42,876 No 4 M Direct
Common Stock Disposition 2022-03-10 24,559 $2.06 18,317 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Unit Acquisiton 2022-03-09 37,906 $0.00 151,625 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
113,719 No 4 M Direct
Footnotes
  1. 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 March 9, 2022.
  2. 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.
  3. Represents a restricted stock unit award that vests 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 the Reporting Person's continuous service with the issuer.