Velo3D, Inc. — Director's Dealing 2023

May 17, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Velo3D, Inc. (VLD)
CIK: 0001825079
Period of Report: 2023-05-15

Reporting Person: Chung Bernard (Vice President, Finance)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-05-15	Common Stock	M	1662	—	Acquired	156830	Direct
2023-05-15	Common Stock	M	5841	—	Acquired	162671	Direct
2023-05-15	Common Stock	M	5841	—	Acquired	168512	Direct
2023-05-15	Common Stock	S	5746	$1.8583	Disposed	162766	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-05-15	Restricted Stock Unit (RSU)	$	M	1662	Disposed		Common Stock (1662)	Direct
2023-05-15	Restricted Stock Unit (RSU)	$	M	5841	Disposed		Common Stock (5841)	Direct
2023-05-15	Restricted Stock Unit (RSU)	$	M	5841	Disposed		Common Stock (5841)	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 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.

F4: 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.