David S. Hall - Jun 9, 2021 Form 4 Insider Report for Velodyne Lidar, Inc. (VLDR)

Role
10%+ Owner
Signature
/s/ David S. Hall
Stock symbol
VLDR
Transactions as of
Jun 9, 2021
Transactions value $
-$36,769
Form type
4
Date filed
6/25/2021, 04:05 PM
Previous filing
Jun 9, 2021
Next filing
Jul 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLDR Common Stock Options Exercise $0 +6.43K +0.12% $0.00 5.46M Jun 9, 2021 By Wife F1
transaction VLDR Common Stock Options Exercise $0 +4.44K +0.08% $0.00 5.46M Jun 10, 2021 By Wife F2
transaction VLDR Common Stock Sale -$36.8K -3.23K -0.06% $11.38* 5.46M Jun 10, 2021 By Wife
holding VLDR Common Stock 59.2M Jun 9, 2021 Direct

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 VLDR Restricted Stock Unit Options Exercise $0 -6.43K -12.5% $0.00 45K Jun 9, 2021 Common Stock 6.43K By wife F1
transaction VLDR Restricted Stock Unit Award $0 +4.44K $0.00 4.44K Jun 10, 2021 Common Stock 4.44K By wife F2
transaction VLDR Restricted Stock Unit Options Exercise $0 -4.44K -100% $0.00* 0 Jun 10, 2021 Common Stock 4.44K By wife F2
transaction VLDR Restricted Stock Unit Award $0 +14.5K $0.00 14.5K Jun 10, 2021 Common Stock 14.5K By wife F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person's wife, Marta Thoma Hall, was granted 102,823 Restricted Stock Units ("RSUs") on September 29, 2020; each RSU represents a right to receive one share of Common Stock for each RSU. 25% of these RSUs were immediately exercisable. The 6,426 RSUs disposed of (and acquired as shares of Common Stock) which are reported in this Form 4 represent an additional 6.25% of the total grant which became exercisable and were released on June 9, 2021. 6.25% of the remaining RSUs in this grant continue to vest each three (3) months of continuous service.
F2 The Reporting Person's wife, Marta Thoma Hall, was granted 4,438 RSUs that were fully vested and released on the date of grant. Ms. Hall acquired and disposed of the RSUs on the same day. The acquisition and disposal are reported in Table II. The acquisition of the 4,438 shares of Common Stock underlying the RSUs is reported in Table 1.
F3 The Reporting Person's wife, Marta Thoma Hall, was granted 14,463 RSUs that will fully vest on June 10, 2022, or on the next Annual Stockholder Meeting of the Issuer, whichever is earlier.