Michael Idelchik - 10 Sep 2024 Form 4 Insider Report for Velo3D, Inc. (VLDX)

Role
Director
Signature
/s/ Christian Vargas as attorney-in-fact for Michael Idelchik
Issuer symbol
VLDX
Transactions as of
10 Sep 2024
Net transactions value
$0
Form type
4
Filing time
12 Sep 2024, 19:28:01 UTC
Previous filing
25 Jun 2024
Next filing
12 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLDX Common Stock Award +1,423 +16% 10,221 10 Sep 2024 Direct F1, 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 VLDX Restricted Stock Units Options Exercise $0 -1,423 -25% $0.000000 4,269 10 Sep 2024 Common Stock 1,423 Direct F1, F2, 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 Reflects the 1-for-35 reverse stock split effected by the Issuer on June 13, 2024.
F3 The RSUs shall vest as to 25% of the total grant quarterly, commencing September 10, 2024, with the remainder of grant vesting on each subsequent December 10, 2024, March 10, 2025, and June 10, 2025, subject to the Reporting Person's continued service to the Issuer on each vesting date.