Joseph B. Culkin - Jun 10, 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: Jun 10, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/14/2021, 07:20 PM
Previous filing: Jun 3, 2021
Next filing: Jul 19, 2021

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	+10.1K		$0.00	10.1K	Jun 10, 2021	Common Stock	10.1K		Direct	F1
transaction	VLDR	Restricted Stock Unit	Award	$0	+14.5K		$0.00	14.5K	Jun 10, 2021	Common Stock	14.5K		Direct	F2

* 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 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 are fully vested as of the date of grant, subject to settlement on a future date.
F2	The Reporting Person was granted restricted stock units ("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. Subject to the Reporting Person's continuous service, the RSUs will vest in full on the earlier of the one-year anniversary of the date of grant or on the date of the regular meeting of the Issuer's stockholders following the date of grant.

Content

The Reporting Person was granted restricted stock units ("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 are fully vested as of the date of grant, subject to settlement on a future date.

The Reporting Person was granted restricted stock units ("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. Subject to the Reporting Person's continuous service, the RSUs will vest in full on the earlier of the one-year anniversary of the date of grant or on the date of the regular meeting of the Issuer's stockholders following the date of grant.