Company: VLDXW
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0000950170-25-060611
Chunk: 23

Company: Velo3D, Inc.
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 23
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.A. in Business Administration and Management from the Julius Maximilians University of Würzburg. We believe that Mr. Krause is qualified to serve our Board due to his extensive strategic leadership experience, his significant public company experience and expertise in finance and accounting.

There are no family relationships among our directors and executive officers.

Non-Employee Director Compensation

The Board has adopted the following compensation program for our non-employee directors:

Our non-employee directors receive an annual cash retainer of $50,000, payable monthly, and an annual grant of restricted stock units, or RSUs, with an aggregate grant-date value of $200,000, or the Grant Date Value. A non-employee director’s annual RSU award is granted on the date of each annual meeting of our stockholders and vests in equal quarterly installments, provided such director continues to serve as a director through each vesting date. In addition, new non-employee directors receive an initial RSU award after joining the the Board, with a Grant Date Value that is prorated for the period from the grant date to the next annual meeting of stockholders, which vests on the first anniversary of the grant date, provided such director continues to serve as a director through the vesting date.

Members of our audit committee receive an additional annual cash retainer of $10,000, and the Chairman of our audit committee receives an additional cash retainer of $10,500 (in lieu of the annual retainer for membership on the audit committee). Members of our compensation committee receive an additional annual cash retainer of $6,000. Members of our nominating and governance committee receive an additional annual cash retainer of $5,000.

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Director Compensation for 2024 The following table sets forth the compensation earned by or paid to our non-employee directors for services provided during the year ended December 31, 2024.

| Name               |     | Fees Earned or 
 Paid in Cash   |            |     | Stock Awards 
 ($) (1)      |           |     | Option Awards 
 ($)           |      |     | Total ($) |            |
|:-------------------|:----|:---------------|-----------:|:----|:-------------|----------:|:----|:--------------|-----:|:----|:----------|-----------:|
| Carl Bass          |     | $              |  38,666.68 |     | $            | 95,522.57 |     | $