Key facts
- This page summarizes Ernest E. Maddock's Form 4 filing for Velodyne Lidar, Inc..
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 13 Feb 2023, 16:01.
Ernest E. Maddock - 10 Feb 2023 Form 4 Insider Report for Velodyne Lidar, Inc.
- Reporting relationship
- Director
- Issuer ticker
- N/A
- Reported as of
- 10 Feb 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 13 Feb 2023, 16:01:03 UTC
- Prior SEC filing
- 25 Jan 2023
- Next SEC filing
- 16 Mar 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Daniel Horwood - Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Ernest E. Maddock filed Form 4 for Velodyne Lidar, Inc. on 13 Feb 2023.
Change
- Previous filing in this sequence was filed on 25 Jan 2023.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
VLDR
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +20,732
- Change %
- +15%
- Price
- $0.000000
- Shares after
- 162,126
- Date
- 10 Feb 2023
- Ownership
- Direct
- Footnotes
- F1
VLDR
transaction
Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -162,126
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 10 Feb 2023
- Ownership
- Direct
- Footnotes
- F2, F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
VLDR
transaction
Derivative
Restricted Stock Unit
Options Exercise
- Transaction value
- $0
- Shares
- -20,732
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 10 Feb 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 20,732
- Exercise price
- Footnotes
- F4, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Ernest E. Maddock is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 5 footnotes
Footnote 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").
Footnote F2
At the effective time of the Merger (the "Effective Time"), each outstanding share of Velodyne common stock automatically converted to the right to receive 0.8204 of a share of Ouster common stock.
Footnote 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.
Footnote F4
The Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of the issuer's common stock. The RSUs were granted in connection with theReporting Person's appointment as a member of the Board of Directors. Subject to the Reporting Person's continuous service, the RSUs will vest with respect to 1/3 of the RSUs annually on the date of grant.
Footnote F5
Pursuant to the Company's Outside Director Compensation Policy, each unvested RSU was accelerated upon the closing of the Merger.