0001214659-23-000637.txt : 20230113 0001214659-23-000637.hdr.sgml : 20230113 20230113182156 ACCESSION NUMBER: 0001214659-23-000637 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: Kelly Roland Thomas CENTRAL INDEX KEY: 0001817058 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39183 FILM NUMBER: 23529856 MAIL ADDRESS: STREET 1: 1551 CALLE PATRICIA CITY: PACIFIC PALISADES STATE: CA ZIP: 90272 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-58194.xml PRIMARY DOCUMENT X0306 4 2023-01-13 0001692376 Velocity Financial, Inc. VEL 0001817058 Kelly Roland Thomas C/O VELOCITY FINANCIAL, INC. 30699 RUSSELL RANCH ROAD, SUITE 295 WESTLAKE VILLAGE CA 91362 false true false false Chief Legal Officer and GC Common Stock 2023-01-13 4 A false 15356 10.00 A 57721 D Performance Stock Units 2023-01-13 5 A false E 15356 10.00 A 73077 D Acquisition of restricted stock subject to annual vesting ratably over three years from grant date. 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 30,712 shares following fiscal year end 2025. /s/ Roland T. Kelly 2023-01-13