Michael Idelchik - 07 Dec 2022 Form 4 Insider Report for Velo3D, Inc. (VLDX)

Role: Director
Signature: /s/ William D. McCombe as attorney-in-fact for Michael Idelchik
Issuer symbol: VLDX
Transactions as of: 07 Dec 2022
Net transactions value: $0
Form type: 4
Filing time: 09 Dec 2022, 19:47:10 UTC
Previous filing: 12 Sep 2022
Next filing: 10 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VLD	Common Stock	Options Exercise		+18,037	+99%		36,166	07 Dec 2022	Direct	F1
transaction	VLD	Common Stock	Options Exercise		+18,128	+50%		54,294	08 Dec 2022	Direct	F1

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	-18,037	-100%	$0.000000^*	0	07 Dec 2022	Common Stock	18,037		Direct	F1, F2
transaction	VLD	Restricted Stock Units	Options Exercise	$0	-18,128	-33%	$0.000000	36,256	08 Dec 2022	Common Stock	18,128		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 Unit ("RSU") represents a contingent right to receive one (1) share of the Issuer's Common Stock upon settlement for no consideration.
F2	100% of the RSUs vested on December 7, 2022.
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.