Velo3D appoints Darryl C. Porter as independent director; board expands to 10

Velo3D, Inc.

Board increased from 9 to 10 directors; Porter designated Class III director, term through 2027 annual meeting.
Monthly fee of $40,000 plus $7,000 per diem for days with >4 hours of non-routine service.
Porter is CEO of Port Lucida, an IP management firm; over 35 years experience in legal and business fields.
Director Agreement includes indemnification to fullest extent under Delaware law and advancement of defense costs.
No family relationships or transactions requiring disclosure under Item 404(a) filed.

item 5.02 item 9.01

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Appointed

Darryl C. Porter

Independent Director

VELO · Velo3D, Inc.

Effective: 2024-09-26
Filed: September 30, 2024, 7:59 PM ET

On September 26, 2024 (the “Appointment Date”), the Board formally appointed Darryl C. Porter as an independent director (“Independent Director”) of the Company to fill the newly created vacancy, effective immediately.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Darryl C. Porter was appointed as Independent Director at Velo3D, Inc..

Action: appointed
Role: Independent Director

Exact text from the filing

On September 26, 2024 (the “Appointment Date”), the Board formally appointed Darryl C. Porter as an independent director (“Independent Director”) of the Company to fill the newly created vacancy, effective immediately.

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Velo3D, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-24-110362

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