Filing Details
- Accession Number:
- 0001628280-22-014381
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-05-13 17:12:14
- Reporting Period:
- 2022-05-11
- Accepted Time:
- 2022-05-13 17:12:14
- 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 | 2022-05-11 | 2,423 | $0.00 | 727,202 | No | 4 | M | Direct | |
Common Stock | Disposition | 2022-05-12 | 873 | $1.46 | 726,329 | 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 | 2022-05-11 | 2,423 | $0.00 | 14,539 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
12,116 | No | 4 | M | Direct |
Footnotes
- 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 May 11, 2022.
- 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.
- The Reporting Person was granted Restricted Stock Units ("RSUs") which represent a contingent right to receive one share of Common Stock for each RSU. The RSUs shall vest over a two-year period in equal quarterly installments from July 18, 2021, subject to continued service with the Issuer.