Bradley Allen Kreger - 18 Jan 2024 Form 4 Insider Report for Velo3D, Inc. (VLD)

Role
INTERIM CEO
Signature
/s/ Bernard Chung as attorney-in-fact for Bradley Allen Kreger
Issuer symbol
VLD
Transactions as of
18 Jan 2024
Transactions value $
-$4,126
Form type
4
Filing time
20 Feb 2024, 17:29:39 UTC
Previous filing
26 Dec 2023
Next filing
22 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLD Common Stock Options Exercise +31.4K +80.86% 70.3K 18 Jan 2024 Direct F1
transaction VLD Common Stock Sale -$4.13K -13.6K -19.34% $0.30 56.7K 18 Jan 2024 Direct F2
transaction VLD Common Stock Options Exercise +117K +205.84% 174K 15 Feb 2024 Direct F1
transaction VLD Common Stock Options Exercise +20.8K +11.98% 194K 15 Feb 2024 Direct F1
transaction VLD Common Stock Options Exercise +31.4K +16.18% 226K 18 Feb 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VLD Restricted Stock Unit (RSU) Options Exercise $0 -31.4K -8.33% $0.00 346K 18 Jan 2024 Common Stock 31.4K Direct F1, F3
transaction VLD Restricted Stock Unit (RSU) Options Exercise $0 -117K -25% $0.00 350K 15 Feb 2024 Common Stock 117K Direct F1, F4
transaction VLD Restricted Stock Unit (RSU) Options Exercise $0 -20.8K -100% $0.00* 0 15 Feb 2024 Common Stock 20.8K Direct F1, F5
transaction VLD Restricted Stock Unit (RSU) Options Exercise $0 -31.4K -9.09% $0.00 314K 18 Feb 2024 Common Stock 31.4K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 12 equal monthly installments over one year, beginning January 18, 2024, subject to the continuing service of the Reporting Person on each vesting date.
F4 The RSUs vest as to 1/4th of the total grant on February 15, 2024, and thereafter 1/12th 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.