Matthew Walters - Dec 7, 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
Dec 7, 2022
Transactions value $
$0
Form type
4
Date filed
12/9/2022, 08:05 PM
Previous filing
Sep 12, 2022
Next filing
Mar 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLD Common Stock Options Exercise +14.4K +1.87% 785K Dec 7, 2022 Direct F1
transaction VLD Common Stock Options Exercise +18.1K +2.31% 804K Dec 8, 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 -14.4K -100% $0.00* 0 Dec 7, 2022 Common Stock 14.4K Direct F1, F2, F3
transaction VLD Restricted Stock Units Options Exercise $0 -18.1K -33.33% $0.00 36.3K Dec 8, 2022 Common Stock 18.1K Direct F1, F4
* 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 The Form 4 filed by the Reporting Person on December 9, 2021 incorrectly reported the number of RSUs granted on December 7, 2021 to the Reporting Person by one less share. The reported beneficial ownership in this Form 4 corrects this immaterial error.
F3 100% of the RSUs vested on December 7, 2022.
F4 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.