Bradley Allen Kreger - May 15, 2024 Form 4 Insider Report for Velo3D, Inc. (VLD)

Signature
/s/ Arnold Calonje as attorney-in-fact for Bradley Allen Kreger
Stock symbol
VLD
Transactions as of
May 15, 2024
Transactions value $
-$2,475
Form type
4
Date filed
5/17/2024, 05:10 PM
Previous filing
Apr 22, 2024
Next filing
May 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLD Common Stock Options Exercise +29.2K +14.97% 224K May 15, 2024 Direct F1
transaction VLD Common Stock Sale -$2.48K -10.7K -4.79% $0.23 213K May 15, 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VLD Restricted Stock Unit (RSU) Options Exercise $0 -29.2K -8.33% $0.00 321K May 15, 2024 Common Stock 29.2K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock upon settlement for no consideration.
F2 The sale of shares is for the sole purpose of covering the Reporting Person's tax liability and broker fees with respect to the settlement of RSUs.
F3 The RSUs vests as to 1/4th of the total grant on February 15, 2024, and thereafter 1/12th of the total grant vests quarterly until such time as the RSUs are 100% vested, subject to the continued service of the Reporting Person on each vesting date.