Barnhart James's Form 4 filing
Velodyne Lidar, Inc. (VLDR) · filed Apr 15, 2022
- Accession no.
- 0001628280-22-009395
- Filed
- Apr 15, 2022
- Trade date
- Apr 13, 2022
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 4 non-derivative transactions and 1 derivative transaction. Open-market sales total $43.4K. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Barnhart JamesCIK 0001734406 | Officer (Chief Operating Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Apr 13, 2022 | Common Stock | MOption exerciseAcquired | +56,859 | –F1 | – | 62,161 | Direct | |
| Apr 13, 2022 | Common Stock | AGrant or awardAcquired | +187,005 | –F2 | – | 249,166 | Direct | |
| Apr 13, 2022 | Common Stock | AGrant or awardAcquired | +872,688 | –F3 | – | 1,121,854 | Direct | |
| Apr 13, 2022 | Common Stock | SSaleDisposed | −20,374 | $2.13 | −$43,396.62 | 1,101,480 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Apr 13, 2022 | Common Stock | MOption exerciseDisposed | −227,437 | $0.00 | $0 | 170,578 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- 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 April 13, 2022.
Referenced by the price of 1 transaction in Table I.
- F2
Represents shares of restricted stock that will vest and become non-forfeitable subject to the Reporting Person's continuous service, whereby 6.25% of the shares will vest if the Reporting Person remains in continuous service through May 28, 2022 and an additional 6.25% of the shares will vest if the Reporting Person remains in continuous service for each successive three-month period thereafter.
Referenced by the price of 1 transaction in Table I.
- F3
Represents the maximum number of shares of restricted stock that will vest and become non-forfeitable if certain performance goals are satisfied and the Reporting Person remains in continuous service through the applicable vesting dates, whereby, if the maximum goals are achieved, 1/3 of the shares will vest if the Reporting Person remains in service through February 28, 2023 (or, if later, the date the performance goals are certified) the remaining shares will vest in two equal installments if the Reporting Person remains in continuous service through February 28, 2024 and February 28, 2025.
Referenced by the price of 1 transaction in Table I.