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Velo3D, Inc. — Director's Dealing 2023
Aug 25, 2023
34298_dirs_2023-08-24_f02fef4f-d395-463c-b959-a060fd911cc7.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Velo3D, Inc. (VLD)
CIK: 0001825079
Period of Report: 2023-08-08
Reporting Person: Chung Bernard (Vice President, Finance)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-08-15 | Common Stock | M | 1662 | — | Acquired | 164428 | Direct |
| 2023-08-15 | Common Stock | M | 5841 | — | Acquired | 170269 | Direct |
| 2023-08-15 | Common Stock | M | 5841 | — | Acquired | 176110 | Direct |
| 2023-08-15 | Common Stock | M | 3804 | — | Acquired | 179914 | Direct |
| 2023-08-21 | Common Stock | S | 6127 | $1.49 | Disposed | 173787 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-08-08 | Restricted Stock Unit (RSU) | $ | A | 15217 | Acquired | Common Stock (15217) | Direct | |
| 2023-08-15 | Restricted Stock Unit (RSU) | $ | M | 1662 | Disposed | Common Stock (1662) | Direct | |
| 2023-08-15 | Restricted Stock Unit (RSU) | $ | M | 5841 | Disposed | Common Stock (5841) | Direct | |
| 2023-08-15 | Restricted Stock Unit (RSU) | $ | M | 5841 | Disposed | Common Stock (5841) | Direct | |
| 2023-08-15 | Restricted Stock Unit (RSU) | $ | M | 3804 | Disposed | Common Stock (3804) | Direct |
Footnotes
F1: Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock upon settlement for no consideration.
F2: The sale of shares is for the sole purpose of covering the Reporting Person's tax liability with respect to the settlement of RSUs.
F3: The RSUs vest in four equal quarterly installments on August 15, 2023, November 15, 2023, February 15, 2024 and May 15, 2024, subject to the continued service of the Reporting Person on each vesting date.
F4: The RSUs vest as to 1/4th of the total grant on November 15, 2022, and thereafter 1/16th of the total grant vest quarterly until such time as the RSUs are 100% vested, subject to the continued service of the Reporting Person on each vesting date.
F5: The RSUs vest in four equal quarterly installments on May 15, 2023, August 15, 2023, November 15, 2023, and February 15, 2024, subject to the continued service of the Reporting Person on each vesting date.