Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VLDR | Common Stock | +Options Exercise | +6,258 | +4.43% | 147,377 | Feb 10, 2023 | Direct | F1, F2 | ||
transaction | VLDR | Common Stock | -Disposed to Issuer | -147,377 | -100% | 0 | Feb 10, 2023 | Direct | F2, F3 |
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 | -6,258 | -100% | 0 | Feb 10, 2023 | Common Stock | 6,258 | Direct | F1, F2, F4 |
Hamid Zarringhalam is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Id | Content |
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F1 | On February 10, 2023, the closing of the transactions contemplated by the Agreement and Plan of Merger, dated November 4, 2022 (as it may be amended from time to time), by and among Ouster, Inc. ("Ouster"), Oban Merger Sub, Inc., a wholly owned subsidiary of Ouster, Oban Merger Sub II LLC, a wholly owned subsidiary of Ouster, and Velodyne Lidar, Inc. ("Velodyne") occurred, pursuant to which Velodyne merged into a wholly owned subsidiary of Ouster (the "Merger"). |
F2 | Pursuant to the Company's Outside Director Compensation Policy, each unvested RSU was accelerated upon the closing of the Merger. |
F3 | Includes a restricted stock award of 111,028 shares that was accelerated upon the closing of the Mergers pursuant to the Company's Outside Director Compensation Policy. |
F4 | The Reporting Person was granted restricted stock units ("RSUs") which represent a contingent right to receive one share of Common Stock for each RSU. The RSU shall vest with respect to 1/3rd of the RSUs annually after March 15, 2021, provided the Reporting Person remains in continuous service on each vesting date. |