0001733186-22-000029.txt : 20220218
0001733186-22-000029.hdr.sgml : 20220218
20220218162724
ACCESSION NUMBER: 0001733186-22-000029
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220216
FILED AS OF DATE: 20220218
DATE AS OF CHANGE: 20220218
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sjobring Lars
CENTRAL INDEX KEY: 0001411431
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38471
FILM NUMBER: 22653189
MAIL ADDRESS:
STREET 1: C/O VEONEER, INC.
STREET 2: KLARABERGSVIADUKTEN 70, SECTION C6
CITY: STOCKHOLM
STATE: V7
ZIP: SE-103 92
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Veoneer, Inc.
CENTRAL INDEX KEY: 0001733186
STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714]
IRS NUMBER: 823720890
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 26545 AMERICAN DRIVE
CITY: SOUTHFIELD
STATE: MI
ZIP: 48034
BUSINESS PHONE: 248-223-0600
MAIL ADDRESS:
STREET 1: 26545 AMERICAN DRIVE
CITY: SOUTHFIELD
STATE: MI
ZIP: 48034
4
1
wf-form4_164521961743355.xml
FORM 4
X0306
4
2022-02-16
0
0001733186
Veoneer, Inc.
VNE
0001411431
Sjobring Lars
KLARABERGSVIADUKTEN 70
SECTION C6
STOCKHOLM
V7
SE-11164
SWEDEN
0
1
0
0
See Remarks
Common Stock
2022-02-16
4
M
0
4477
0
A
29986
D
Common Stock
2022-02-16
4
F
0
1281
35.38
D
28705
D
Restricted Stock Unit
0.0
2022-02-16
4
A
0
11984
0
A
Common Stock
11984.0
11984
D
Performance-Based Restricted Stock Unit (2019 Grant)
0.0
2022-02-16
4
A
0
3504.60
0
A
2022-02-16
2022-02-16
Common Stock
3504.6
3504.60
D
Performance-Based Restricted Stock Unit (2020 Grant)
0.0
2022-02-16
4
A
0
7427.16
0
A
Common Stock
7427.16
7427.16
D
Performance-Based Restricted Stock Unit (2021 Grant)
0.0
2022-02-16
4
A
0
2431.08
0
A
Common Stock
2431.08
2431.08
D
Performance-Based Restricted Stock Unit (2019 Grant)
0.0
2022-02-16
4
M
0
4477
0
D
2022-02-16
2022-02-16
Common Stock
4477.0
0
D
Each restricted stock unit (RSU) represents a contingent right to receive one share of VNE common stock.
The RSUs vest and convert to shares in one installment on the third anniversary of the grant date.
Reflects earned performance-based restricted stock units (PSs) that were granted in February 2019. PSs may be earned over a three-year performance period (January 1, 2019 - December 31, 2021) based on level of achievement of 1-year annual gross margin performance objectives. The annual gross margin performance objective for the January 1, 2021 - December 31, 2021 performance period was achieved above the threshold for earning PSs for the period, and such earned PSs are subject to downward adjustment based on the issuers share price measured at the end of the three-year performance period.
The PSs, as adjusted downward, if necessary, vest and convert to shares in one installment after the completion of the related three-year performance period and the Compensation Committee's certification of the level of achievement of the performance objectives.
Reflects earned performance-based restricted stock units (PSs) that were granted in February 2020. PSs may be earned over a three-year performance period (January 1, 2020 - December 31, 2022) based on level of achievement of 1-year annual gross margin performance objectives. The annual gross margin performance objective for the January 1, 2021 - December 31, 2021 performance period was achieved above the threshold for earning PSs for the period, and such earned PSs are subject to downward adjustment based on the issuers share price measured at the end of the three-year performance period.
Reflects earned performance-based restricted stock units (PSs) that were granted in February 2021. PSs may be earned over a three-year performance period (January 1, 2021 - December 31, 2023) based on level of achievement of 1-year annual gross margin performance objectives. The annual gross margin performance objective for the January 1, 2021 - December 31, 2021 performance period was achieved above the threshold for earning PSs for the period, and such earned PSs are subject to downward adjustment based on the issuers share price measured at the end of the three-year performance period.
Fractional PSs associated with each tranche of PS awards are rounded down to the nearest whole number at vesting. The fractional amounts are forfeited.
Lars Sjobring
2022-02-16