Matthew Walters - Sep 8, 2022 Form 4 Insider Report for Velo3D, Inc. (VLD)

Role
Director
Signature
/s/ William D. McCombe as attorney-in-fact for Matthew Joseph Walters
Stock symbol
VLD
Transactions as of
Sep 8, 2022
Transactions value $
$0
Form type
4
Date filed
9/12/2022, 06:19 PM
Previous filing
Jun 9, 2022
Next filing
Dec 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLD Common Stock Options Exercise +18.1K +2.41% 771K Sep 8, 2022 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 VLD Restricted Stock Units Options Exercise $0 -18.1K -25% $0.00 54.4K Sep 8, 2022 Common Stock 18.1K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Units ("RSUs") represents a contingent right to receive one (1) share of the Issuer's Common Stock upon settlement for no consideration.
F2 Includes 752,856 shares acquired by the reporting person through a pro rata distribution from Spitfire Sponsor LLC.
F3 The RSUs shall vest as to 25% of the total shares quarterly, commencing September 8, 2022, with the remainder of shares vesting on each subsequent December 8, 2022, March 8, 2023, and June 8, 2023, subject to the Reporting Person's continued service to the Issuer on each vesting date.