| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | VEL | Common Stock | Award | $354 K | +22.3 K | +21.88% | $15.86 | 124 K | Jan 23, 2024 | Direct | F1 |
| transaction | VEL | Performance Stock Units | Award | $354 K | +22.3 K | +17.95% | $15.86 | 147 K | Jan 23, 2024 | Direct | F2 |
| Id | Content |
|---|---|
| F1 | Acquisition of restricted stock subject to annual vesting ratably over three years from grant date. |
| F2 | Grant of Performance Stock Units. Under the terms of the grant, 100% of the PSUs are subject to forfeiture based on Velocity's average annual performance as measured by Core Net Income Annual Growth for fiscal years 2024, 2025 and 2026 with potential vesting of 0 to 200% of the granted PSUs following fiscal year end 2026. |