Filing Details

Accession Number:
0001628280-23-002093
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-02-02 17:26:46
Reporting Period:
2023-01-31
Accepted Time:
2023-02-02 17:26:46
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1745317 Velodyne Lidar Inc. VLDR () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1375681 Iii L Ted Tewksbury 5521 Hellyer Avenue
San Jose CA 95138
Chief Executive Officer Yes 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 Disposition 2023-01-31 5,501 $1.11 2,677,867 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Footnotes
  1. Represents a Restricted Stock Award ("RSA") that vests in installments, with twenty-five percent (25%) of the shares vesting on November 10, 2022 and six-and-one-quarter percent (6.25%) of the shares vesting quarterly thereafter, subject to continued service with the Issuer.
  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. Includes 15,000 shares of common stock acquired pursuant to the Company's 2020 Employee Stock Purchase Plan acquired by the Reporting Person on November 30, 2022