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

Role
CEO, Director
Signature
/s/ Christian Vargas as attorney-in-fact for Bradley Allen Kreger
Issuer symbol
VLDX
Transactions as of
15 Aug 2024
Net transactions value
-$888
Form type
4
Filing time
20 Aug 2024, 19:44:51 UTC
Previous filing
20 Aug 2024
Next filing
18 Sep 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLD Common Stock Options Exercise +835 +11% 8,273 15 Aug 2024 Direct F1
transaction VLD Common Stock Sale $458 -366 -4.4% $1.25 7,907 16 Aug 2024 Direct F2
transaction VLD Common Stock Options Exercise +899 +11% 8,806 18 Aug 2024 Direct F1
transaction VLD Common Stock Sale $430 -347 -3.9% $1.24 8,459 20 Aug 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 Units Options Exercise $0 -835 -9.1% $0.000000 8,342 15 Aug 2024 Common Stock 835 Direct F1, F3
transaction VLD Restricted Stock Units Options Exercise $0 -899 -20% $0.000000 3,592 18 Aug 2024 Common Stock 899 Direct F1, F4
* 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 restricted stock units.
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.
F4 The RSUs vest in 12 equal monthly installments over one year, beginning January 18, 2024, subject to the continuing service of the Reporting Person on each vesting date.