Mark Weinswig - Jun 1, 2022 Form 4 Insider Report for Velodyne Lidar, Inc. (VLDR)

Signature
/s/ Tracey Mastropoalo, Attorney-in-Fact
Stock symbol
VLDR
Transactions as of
Jun 1, 2022
Transactions value $
$0
Form type
4
Date filed
6/3/2022, 05:13 PM
Previous filing
May 23, 2022
Next filing
Feb 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLDR Common Stock Award +281K 281K Jun 1, 2022 Direct F1
transaction VLDR Common Stock Award +1.31M +466.67% 1.59M Jun 1, 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person was granted shares of restricted stock that will vest and become non-forfeitable over four (4) years, with twenty-five percent (25%) of the shares vesting on May 16, 2023, and six-and-one-quarter percent (6.25%) of the remaining shares vesting quarterly thereafter, subject to the Reporting Person's continued employment with the Issuer through each anniversary date.
F2 The Reporting Person was granted shares of restricted stock that will vest and become non-forfeitable if certain performance goals are satisfied, whereby, if the maximum goals are achieved, one-third (1/3) of the shares will vest on February 28, 2023 (or, if later, the date the performance goals are certified), February 28, 2024 and February 28, 2025, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date.