Bernard Chung - 29 Mar 2023 Form 4 Insider Report for Velo3D, Inc. (VLDX)

Signature
/s/ William D. McCombe as attorney-in-fact for Bernard Chung
Issuer symbol
VLDX
Transactions as of
29 Mar 2023
Net transactions value
+$9,000
Form type
4
Filing time
31 Mar 2023, 18:47:01 UTC
Previous filing
17 Feb 2023
Next filing
26 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLD Common Stock Options Exercise $9,000 +50,000 +48% $0.1800* 155,168 29 Mar 2023 Direct

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 Stock Option (right to buy Common Stock) Options Exercise $0 -50,000 -16% $0.000000 257,467 29 Mar 2023 Common Stock 50,000 $0.1800 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vests as to 1/4 of the total shares on December 17, 2020, and thereafter 2.0833% of the remaining shares vest monthly until such time as the option is 100% vested, subject to the continued service of the Reporting Person on each vesting date.