Bernard Chung - 08 Aug 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
08 Aug 2023
Net transactions value
-$9,129
Form type
4
Filing time
24 Aug 2023, 18:11:36 UTC
Previous filing
16 May 2023
Next filing
13 Nov 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% 164,428 15 Aug 2023 Direct F1
transaction VLD Common Stock Options Exercise +5,841 +3.6% 170,269 15 Aug 2023 Direct F1
transaction VLD Common Stock Options Exercise +5,841 +3.4% 176,110 15 Aug 2023 Direct F1
transaction VLD Common Stock Options Exercise +3,804 +2.2% 179,914 15 Aug 2023 Direct F1
transaction VLD Common Stock Sale $9,129 -6,127 -3.4% $1.49 173,787 21 Aug 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) Award $0 +15,217 $0.000000 15,217 08 Aug 2023 Common Stock 15,217 Direct F1, F3
transaction VLD Restricted Stock Unit (RSU) Options Exercise $0 -1,662 -10% $0.000000 14,957 15 Aug 2023 Common Stock 1,662 Direct F1, F4
transaction VLD Restricted Stock Unit (RSU) Options Exercise $0 -5,841 -33% $0.000000 11,682 15 Aug 2023 Common Stock 5,841 Direct F1, F5
transaction VLD Restricted Stock Unit (RSU) Options Exercise $0 -5,841 -33% $0.000000 11,682 15 Aug 2023 Common Stock 5,841 Direct F1, F5
transaction VLD Restricted Stock Unit (RSU) Options Exercise $0 -3,804 -25% $0.000000 11,413 15 Aug 2023 Common Stock 3,804 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 in four equal quarterly installments on August 15, 2023, November 15, 2023, February 15, 2024 and May 15, 2024, subject to the continued service of the Reporting Person on each vesting date.
F4 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.
F5 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.