Bradley Allen Kreger - 18 Mar 2024 Form 4 Insider Report for Velo3D, Inc. (VLDX)

Role
INTERIM CEO
Signature
/s/ Bernard Chung as attorney-in-fact for Bradley Allen Kreger
Issuer symbol
VLDX
Transactions as of
18 Mar 2024
Net transactions value
-$6,313
Form type
4
Filing time
19 Mar 2024, 18:19:28 UTC
Previous filing
22 Feb 2024
Next filing
22 Apr 2024
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 +31,446 +20% 190,750 18 Mar 2024 Direct F1
transaction VLD Common Stock Sale $6,313 -13,590 -7.1% $0.4645 177,160 18 Mar 2024 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 -31,446 -10% $0.000000 283,019 18 Mar 2024 Common Stock 31,446 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 12 equal monthly installments over one year, beginning January 18, 2024, subject to the continuing service of the Reporting Person on each vesting date.