Michael E. Dee - Jul 14, 2021 Form 4 Insider Report for Velodyne Lidar, Inc. (VLDR)

Role
Director
Signature
/s/ Tracey Mastropoalo, Attorney-in-Fact
Stock symbol
VLDR
Transactions as of
Jul 14, 2021
Transactions value $
$0
Form type
4
Date filed
7/19/2021, 06:12 AM
Previous filing
Jul 12, 2021
Next filing
Aug 30, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLDR Common Stock Options Exercise +10.1K +20.2% 60.1K Jul 14, 2021 Direct F1
holding VLDR Common Stock 219K Jul 14, 2021 By Spar City Capital LLC F2
holding VLDR Common Stock 300 Jul 14, 2021 By Trust F3

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 Disposed to Issuer $0 -10.1K -100% $0.00* 0 Jul 14, 2021 Common Stock 10.1K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 shares were issued pursuant to vested RSUs released on July 14, 2021.
F2 Voting and investment power over the shares held by Spar City Capital LLC resides with Mr. Dee as its President and Chief Financial Officer. Mr. Dee disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
F3 Owned by a trust of which one of Mr. Dee's children is the beneficiary and for which Mr. Dee serves as trustee. Mr. Dee disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
F4 The Reporting Person was granted RSUs, which represent a contingent right to receive one share of the issuer's common stock. The RSUs were granted in connection with the Reporting Person's service as a member of the Board of Directors. The RSUs were fully vested as of the date of grant, subject to settlement on a future date.