| Accession Number: | 0001209191-23-029989 |
| Date: | 2023-05-15 |
| Issuer: | VELO3D, INC. (VLD) |
| Original Submission Date: |
BULLER BENYAMIN
C/O VELO3D, INC.
511 DIVISION STREET
CAMPBELL, CA 95008
| Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
|---|---|---|---|---|---|---|---|---|---|
| COMMON STOCK | 2023-05-15 | M | 22,111 | a | $0.00 | 5,010,572 | direct | ||
| COMMON STOCK | 2023-05-15 | M | 38,942 | a | $0.00 | 5,049,514 | direct | ||
| COMMON STOCK | 2023-05-15 | S | 22,236 | d | $1.86 | 5,027,278 | direct |
| Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RESTRICTED STOCK UNIT (RSU) | 0.0 | 2023-05-15 | deemed execution date | M | 22,111 (d) | common stock 22,111 | $0.00 | 221,109 | direct | |||
| RESTRICTED STOCK UNIT (RSU) | 0.0 | 2023-05-15 | deemed execution date | M | 38,942 (d) | common stock 38,942 | $0.00 | 116,821 | direct |
| ID | footnote |
|---|---|
| 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 as to 1/4th of the total grant on november 15, 2022, and thereafter 1/16th 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. |
| f4 | 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. |
