Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VLDR | Common Stock | Sale | -$21.8M | -2.13M | -56.54% | $10.23* | 1.64M | May 21, 2021 | Direct | F1 |
transaction | VLDR | Common Stock | Sale | -$2.9M | -280K | -17.12% | $10.37* | 1.36M | May 25, 2021 | Direct | F2, F3 |
Id | Content |
---|---|
F1 | The sales reported on this Form 4 represent shares sold by the Reporting Person to cover tax withholding obligations. These sales are mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person. |
F2 | Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $10.08 to $10.63. The Reporting Person has provided to the issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range. |
F3 | The Reporting Person is filing this amendment to report that the 280,000 shares sold on May 25, 2021 were sold in discretionary open market transactions rather than in non-discretionary "sell to cover" transactions. |