TOBI III SPE I LLC exercised options at VELOCITY FINANCIAL, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 5/2/2025ACC: 0000950170-25-062740
10% Owner
Since Jan 2020
0.00
Net shares
Net seller
$0.00
Total acquired
0
Open market trades
0B · 0S
2
Total transactions
1.67M acquired · 1.67M disposed
Non-Derivative Transactions1
Common Stock
Direct
Shares
+1.67M
Price / share
—
Trade value
—
% of position
15.3%
5/1/2025
10.96M→12.64M
Total
Net shares
+1.67M
Net value
$0.00
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 5/1/2025 | M · Option Exercise | +1.67M | — | — | 15.3% | 10.96M | 12.64M |
| Total | +1.67M | $0.00 | ||||||
Derivative Transactions1
Warrant (right to buy)
Direct
Converts to
Common Stock
1.67M shares
Shares
−1.67M
Strike price
Held after
0.00
Exercisable
—
5/1/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Warrant (right to buy) Direct | Common Stock1.67M shares | 5/1/2025 | M · Option Exercise | −1.67M | — | 0.00 |