Renette Youssef - May 15, 2023 Form 4 Insider Report for Velo3D, Inc. (VLD)

Role
Chief Marketing Officer
Signature
/s/ William D. McCombe as attorney-in-fact for Renette Youssef
Stock symbol
VLD
Transactions as of
May 15, 2023
Transactions value $
-$14,660
Form type
4
Date filed
5/16/2023, 09:33 PM
Previous filing
Feb 17, 2023
Next filing
Aug 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLD Common Stock Options Exercise +9.94K +27.31% 46.3K May 15, 2023 Direct F1
transaction VLD Common Stock Options Exercise +20.8K +44.9% 67.1K May 15, 2023 Direct F1
transaction VLD Common Stock Sale -$14.7K -7.89K -11.76% $1.86 59.2K May 15, 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 -9.94K -9.09% $0.00 99.4K May 15, 2023 Common Stock 9.94K Direct F1, F3
transaction VLD Restricted Stock Unit (RSU) Options Exercise $0 -20.8K -25% $0.00 62.4K May 15, 2023 Common Stock 20.8K 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 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 grant on November 15, 2022, and thereafter 1/16th of the total grant vest quarterly until such time as the RSUs are 100% vested, subject to the continued service of the Reporting Person on each vesting date.
F4 The RSUs vest in four equal quarterly installments on May 15, 2023, August 15, 2023, November 15, 2023, and February 15, 2024, subject to the continued service of the Reporting Person on each vesting date.