0001214659-24-001183.txt : 20240125 0001214659-24-001183.hdr.sgml : 20240125 20240125153958 ACCESSION NUMBER: 0001214659-24-001183 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240123 FILED AS OF DATE: 20240125 DATE AS OF CHANGE: 20240125 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Szczepaniak Mark R CENTRAL INDEX KEY: 0001794812 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39183 FILM NUMBER: 24562022 MAIL ADDRESS: STREET 1: C/O VELOCITY FINANCIAL STREET 2: 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] ORGANIZATION NAME: 02 Finance 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-64490.xml PRIMARY DOCUMENT X0508 4 2024-01-23 0001692376 Velocity Financial, Inc. VEL 0001794812 Szczepaniak Mark R C/O VELOCITY FINANCIAL, INC. 30699 RUSSELL RANCH ROAD, SUITE 295 WESTLAKE VILLAGE CA 91362 false true false false Chief Financial Officer 0 Common Stock 2024-01-23 4 A false 24205 15.86 A 116530 D Performance Stock Units 2024-01-23 5 A false E 24205 15.86 A 140735 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 2024, 2025 and 2026 with potential vesting of 0 to 200% of the granted PSUs following fiscal year end 2026. /s/ Roland T. Kelly, by power of attorney 2024-01-25