Daniel Horwood - Dec 29, 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 29, 2022
Transactions value $: $0
Form type: 4
Date filed: 1/3/2023, 05:08 PM
Previous filing: Dec 16, 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	Options Exercise		+1.55K	+0.24%		661K	Dec 29, 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	-1.55K	-9.09%	$0.00	15.5K	Dec 29, 2022	Common Stock	17K		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 December 29, 2022.
F2	The Reporting Person received Restricted Stock Units ("RSUs") that will vest in installments over four (4) years, with twenty-five percent (25%) of the RSUs vesting on July 7, 2022, and six-and-one-quarter percent (6.25%) of the remaining RSUs vesting quarterly thereafter, subject to continued employment with the Issuer through each anniversary date.