Velo3D director granted 7,843 RSUs
Mei Lily reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Mei Lily reported acquisition or exercise transactions in this Form 4 filing.
Velo3D, Inc. director Mei Lily received a grant of 7,843 restricted stock units as equity compensation. Each RSU represents a contingent right to receive one share of Velo3D common stock under the company’s 2021 Equity Incentive Plan. The initial award was granted after she joined the Board and will vest on the first anniversary of the grant date, as long as she continues serving as a director through that vesting date. The Compensation Committee may choose to settle vested RSUs in cash, shares, or a combination of both.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 7,843 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of Velo3D, Inc. (the "Company"), granted under the Company's 2021 Equity Incentive Plan. The Compensation Committee (the "Committee") of the Board of Directors of the Company, in its sole discretion, may settle earned RSUs in cash, shares of common stock of the Company, or a combination of both.
- F2. Initial RSU award after joining the Board, which vests on the first anniversary of the grant date, provided such director continues to serve as a director through the vesting date.
Key Figures
Key Terms
Restricted Stock Unit financial
2021 Equity Incentive Plan financial
Compensation Committee financial
vests on the first anniversary of the grant date financial
FAQ
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What insider transaction did Velo3D (VELO) report for director Mei Lily?
How many restricted stock units did Mei Lily receive from Velo3D (VELO)?
When do Mei Lily’s Velo3D (VELO) RSUs vest?
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What does each Velo3D (VELO) RSU granted to Mei Lily represent?
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