Bernard Chung - 15 Feb 2023 Form 4 Insider Report for Velo3D, Inc. (VLDX)

Role
Vice President, Finance
Signature
/s/ William D. McCombe as attorney-in-fact for Bernard Chung
Issuer symbol
VLDX
Transactions as of
15 Feb 2023
Net transactions value
-$2,595
Form type
4
Filing time
17 Feb 2023, 15:49:37 UTC
Previous filing
18 Apr 2023
Next filing
31 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 +1,662 +1.6% 105,885 15 Feb 2023 Direct F1
transaction VLD Common Stock Sale $2,595 -717 -0.68% $3.62 105,168 15 Feb 2023 Direct 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 Unit (RSU) Options Exercise $0 -1,662 -8.3% $0.000000 18,281 15 Feb 2023 Common Stock 1,662 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 share of the Issuer's Common Stock upon settlement for no consideration.
F2 The sale of shares is for the sole purpose of covering the Reporting Person's tax liability with respect to the settlement of RSUs.
F3 The RSUs vest as to 1/4th of the total shares on November 15, 2022, and thereafter 1/16th of the total shares vest quarterly until such time as the RSUs are 100% vested, subject to the continued service of the Reporting Person on each vesting date.