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