Anurag Gupta - 24 Jan 2023 Form 4 Insider Report for Velodyne Lidar, Inc.

Role: EVP of Engineering
Signature: /s/ Daniel Horwood, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 24 Jan 2023
Net transactions value: -$12,877
Form type: 4
Filing time: 25 Jan 2023, 15:44:43 UTC
Previous filing: 15 Apr 2022
Next filing: 13 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VLDR	Common Stock	Sale	$12,877	-12,877	-0.94%	$1.00	1,358,149	24 Jan 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The sales reported on this Form 4 represent shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the previously reported vesting and settlement of restricted stock awards. These sales are mandated by the Reporting Person's award agreement to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person.

Content

The sales reported on this Form 4 represent shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the previously reported vesting and settlement of restricted stock awards. These sales are mandated by the Reporting Person's award agreement to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person.