MARK WEINSWIG - 01 Jun 2022 Form 4 Insider Report for Velodyne Lidar, Inc.

Role: Chief Financial Officer
Signature: /s/ Tracey Mastropoalo, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 01 Jun 2022
Net transactions value: $0
Form type: 4
Filing time: 03 Jun 2022, 17:13:25 UTC
Previous filing: 23 May 2022
Next filing: 13 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VLDR	Common Stock	Award		+280,537			280,537	01 Jun 2022	Direct	F1
transaction	VLDR	Common Stock	Award		+1,309,174	+467%		1,589,711	01 Jun 2022	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Reporting Person was granted shares of restricted stock that will vest and become non-forfeitable over four (4) years, with twenty-five percent (25%) of the shares vesting on May 16, 2023, and six-and-one-quarter percent (6.25%) of the remaining shares vesting quarterly thereafter, subject to the Reporting Person's continued employment with the Issuer through each anniversary date.
F2	The Reporting Person was granted shares of restricted stock that will vest and become non-forfeitable if certain performance goals are satisfied, whereby, if the maximum goals are achieved, one-third (1/3) of the shares will vest on February 28, 2023 (or, if later, the date the performance goals are certified), February 28, 2024 and February 28, 2025, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date.

Content

The Reporting Person was granted shares of restricted stock that will vest and become non-forfeitable over four (4) years, with twenty-five percent (25%) of the shares vesting on May 16, 2023, and six-and-one-quarter percent (6.25%) of the remaining shares vesting quarterly thereafter, subject to the Reporting Person's continued employment with the Issuer through each anniversary date.

The Reporting Person was granted shares of restricted stock that will vest and become non-forfeitable if certain performance goals are satisfied, whereby, if the maximum goals are achieved, one-third (1/3) of the shares will vest on February 28, 2023 (or, if later, the date the performance goals are certified), February 28, 2024 and February 28, 2025, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date.