Anand Gopalan - May 13, 2021 Form 4 Insider Report for Velodyne Lidar, Inc. (VLDR)

Role
President and CEO, Director
Signature
/s/ Tracey Mastropoalo, Attorney-in-Fact
Stock symbol
VLDR
Transactions as of
May 13, 2021
Transactions value $
-$4,340,137
Form type
4
Date filed
5/17/2021, 04:31 PM
Next filing
May 28, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLDR Common Stock Sale -$2.24M -239K -32.01% $9.37* 507K May 13, 2021 Direct F1
transaction VLDR Common Stock Sale -$2.1M -202K -39.84% $10.42* 305K May 13, 2021 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 VLDR Restricted Stock Unit Award $0 +183K $0.00 183K May 13, 2021 Common Stock 183K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $8.97 to $9.942, inclusive. The Reporting Person undertakes to provide to the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $10.021 to $10.67, inclusive. The Reporting Person undertakes to provide to the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 Represents a grant of restricted stock units ("RSUs") that vest in installments, with 25% of the RSUs vesting on December 31, 2021, and 8.33% of the RSUs vesting quarterly thereafter, subject to the Reporting Person's continuous service with the issuer. The RSUs are also subject to acceleration in the event the Reporting Person is subject to a qualifying involuntary termination of employment in connection with the sale of the issuer and in connection with certain terminations of employment in accordance with the Reporting Person's employment agreement.