Kathryn McBeath - Nov 9, 2022 Form 4 Insider Report for Velodyne Lidar, Inc. (VLDR)

Role: Chief People Officer
Signature: /s/ Daniel Horwood, Attorney-in-Fact
Stock symbol: VLDR
Transactions as of: Nov 9, 2022
Transactions value $: -$759
Form type: 4
Date filed: 11/14/2022, 03:17 PM
Previous filing: Oct 14, 2022
Next filing: Dec 16, 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VLDR	Common Stock	Options Exercise		+2.42K	+0.44%		549K	Nov 9, 2022	Direct	F1
transaction	VLDR	Common Stock	Sale	-$759	-893	-0.16%	$0.85	548K	Nov 10, 2022	Direct	F2

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	VLDR	Restricted Stock Unit	Options Exercise	$0	-2.42K	-25%	$0.00	7.27K	Nov 9, 2022	Common Stock	9.69K		Direct	F3

* 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 Restricted Stock Units ("RSUs") which represent a contingent right to receive one (1) share of Common Stock for each RSU. The shares were issued pursuant to vested RSUs released on November 9, 2022.
F2	Shares withheld by the issuer to satisfy the mandatory tax withholding requirement upon release of restricted stock units. This is not an open market sale of securities.
F3	The Reporting Person was granted Restricted Stock Units ("RSUs") which represent a contingent right to receive one (1) share of Common Stock for each RSU. The RSU shall vest over a two (2) year period in equal quarterly installments from July 18, 2021, subject to the Reporting Person remaining in continous service with the Issuer.