Daniel Horwood - Dec 14, 2022 Form 4 Insider Report for Velodyne Lidar, Inc. (VLDR)

Role: General Counsel & Corp Secty
Signature: /s/ Daniel Horwood
Stock symbol: VLDR
Transactions as of: Dec 14, 2022
Transactions value $: $0
Form type: 4
Date filed: 12/16/2022, 03:43 PM
Previous filing: Oct 14, 2022
Next filing: Jan 3, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VLDR	Common Stock	Options Exercise	$0	+865	+0.13%	$0.00	659K	Dec 14, 2022	Direct	F1, 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	VLDR	Restricted Stock Unit	Options Exercise	$0	-865	-8.33%	$0.00	9.52K	Dec 14, 2022	Common Stock	865		Direct	F3

* 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 December 14, 2022.
F2	Includes 15,000 shares acquired under the VLDR 2020 Employee Stock Purchase Plan on November 30, 2022. This transaction is exempt pursuant to Rule 16b-3(c).
F3	The Reporting Person received 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.