Daniel Horwood - 08 Jun 2022 Form 4 Insider Report for Velodyne Lidar, Inc.

Role: General Counsel & Corp Secty
Signature: Tracey Mastropoalo - Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 08 Jun 2022
Net transactions value: $0
Form type: 4
Filing time: 10 Jun 2022, 18:42:45 UTC
Previous filing: 15 Apr 2022
Next filing: 15 Jul 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VLDR	Common Stock	Options Exercise		+865	+0.14%		637,731	08 Jun 2022	Direct	F1

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	VLDR	Restricted Stock Unit	Options Exercise	$0	+865	+8.3%	$0.000000	11,245	08 Jun 2022	Common Stock	12,110		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 Restricted Stock Units ("RSUs") which represent a contingent right to receive one (1) share of Common Stock for each RSU. The shares were issued pursuant to vested RSUs released on June 8, 2022.
F2	The Reporting Person was granted RSUs that will vest in installments over four (4) years, with six-and-one-quarter percent (6.25%) of the RSUs vesting on the quarterly anniversary date of the Vesting Commencement Date ("VCD") of August 31, 2021, and the remaining RSUs vesting on the quarterly VCD thereafter, subject to continued employment with the Issuer through each anniversary date.