0001214659-23-000639.txt : 20230113 0001214659-23-000639.hdr.sgml : 20230113 20230113182235 ACCESSION NUMBER: 0001214659-23-000639 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230113 FILED AS OF DATE: 20230113 DATE AS OF CHANGE: 20230113 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Farrar Christopher D. CENTRAL INDEX KEY: 0001524993 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39183 FILM NUMBER: 23529859 MAIL ADDRESS: STREET 1: 30699 RUSSELL RANCH ROAD, SUITE 295 CITY: WESTLAKE VILLAGE STATE: CA ZIP: 91362 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Velocity Financial, Inc. CENTRAL INDEX KEY: 0001692376 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 30699 RUSSELL RANCH ROAD STREET 2: BUILDING 111, SUITE 295 CITY: WESTLAKE VILLAGE STATE: CA ZIP: 91362 BUSINESS PHONE: 866-505-3863 MAIL ADDRESS: STREET 1: 30699 RUSSELL RANCH ROAD STREET 2: BUILDING 111, SUITE 295 CITY: WESTLAKE VILLAGE STATE: CA ZIP: 91362 FORMER COMPANY: FORMER CONFORMED NAME: Velocity Financial, LLC DATE OF NAME CHANGE: 20161214 4 1 marketforms-58186.xml PRIMARY DOCUMENT X0306 4 2023-01-13 0001692376 Velocity Financial, Inc. VEL 0001524993 Farrar Christopher D. C/O VELOCITY FINANCIAL, INC. 30699 RUSSELL RANCH ROAD, SUITE 295 WESTLAKE VILLAGE CA 91362 true true false false Chief Executive Officer Common Stock 2023-01-13 4 A false 70875 10.00 A 285875 D Performance Stock Units 2023-01-13 5 A false E 70875 10.00 A 356750 D Common Stock 202916 I FN 2 Acquisition of restricted stock subject to annual vesting ratably over three years from grant date. Held indirectly through through a family trust. 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 2023, 2024 and 2025 with potential vesting of 0 to 141,750 shares following fiscal year end 2025. /s/ Roland T. Kelly, by power of attorney 2023-01-13