0001733186-19-000027.txt : 20190220
0001733186-19-000027.hdr.sgml : 20190220
20190220152749
ACCESSION NUMBER: 0001733186-19-000027
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190215
FILED AS OF DATE: 20190220
DATE AS OF CHANGE: 20190220
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Jonsson Thomas
CENTRAL INDEX KEY: 0001567617
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38471
FILM NUMBER: 19618107
MAIL ADDRESS:
STREET 1: C/O AUTOLIV, INC.
STREET 2: KLARABERGSVIADUKTEN 70, SECTION B7
CITY: STOCKHOLM
STATE: V7
ZIP: SE-111 64
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_155069445535659.xml
FORM 4
X0306
4
2019-02-15
0
0001733186
Veoneer, Inc.
VNE
0001567617
Jonsson Thomas
KLARABERGSVIADUKTEN 70
SECTION C6
STOCKHOLM
V7
SE-11164
SWEDEN
0
1
0
0
See Remarks
Common Stock
2019-02-15
4
A
0
3579
0
A
7452
D
Restricted Stock Unit
2019-02-15
4
M
0
3579.5995
0
D
2019-02-15
2019-02-15
Common Stock
3579.5995
0
D
Restricted Stock Unit
2020-02-19
2020-02-19
Common Stock
3595.892
3595.892
D
Restricted Stock Unit
2021-02-13
2021-02-13
Common Stock
3126.1392
3126.1392
D
Employee Stock Option (Right to Buy)
34.25
2016-02-16
2025-02-16
Common Stock
5656.0
5656
D
Includes 3,873 shares acquired in the distribution by Autoliv, Inc. ("ALV") of 100% of the outstanding shares of common stock of VNE on a pro rata basis to ALV stockholders on June 29, 2018 (the "Spin-off").
As reported in the Registration Statement on Form 10 filed by VNE with the SEC, in connection with the Spin-off, stock-based awards granted by ALV prior to the Spin-off were converted into adjusted stock-based awards relating to both shares of ALV and VNE common stock. With certain limited exceptions, the adjusted awards are subject to the same or equivalent vesting conditions and other terms that applied to the applicable original ALV award immediately before the Spin-off. For each holder of a stock option or RSU, 50% of the outstanding stock award value, as calculated immediately prior to the spin-off, was converted to a stock option or RSU, as applicable, of VNE, and 50% to a stock option or RSU, as applicable, of ALV, in each case with an adjustment to the number of shares and, in the case of stock options, exercise price, as required to preserve the value inherent in the stock award before and after the distribution.
(continued from footnote 2) Outstanding performance shares were converted to RSUs of both AVL and VNE as described above, with the number of performance shares so converting determined based on: (i) for the period between the beginning of the performance period and December 31, 2017, the actual level of performance measured as of December 31, 2017; and (ii) for the period following December 31, 2017 and the last day of the applicable performance period, actual performance measured as of December 31, 2017, or target level performance, whichever was greater. The conversion and adjustment described herein is referred to as the "Spin-off Conversion and Adjustment."
Reflects 700.065 RSUs received in connection with the Spin-off Conversion and Adjustment with respect to RSUs granted by ALV on February 15, 2016, and 2879.5345 RSUs received in connection with the Spin-off Conversion and Adjustment with respect to performance shares granted by ALV on February 15, 2016.
Each restricted stock unit (RSU) represents a contingent right to receive one share of VNE common stock
Fractional RSUs associated with each tranche of RSU awards are rounded down to the nearest whole number at vesting. The fractional amounts are forfeited.
Reflects 2127.746733 RSUs received in connection with the Spin-off Conversion and Adjustment with respect to RSUs granted by ALV on February 19, 2017, and 1468.145246 RSUs received in connection with the Spin-off Conversion and Adjustment with respect to performance shares granted by ALV on February 19, 2017.
RSUs received in connection with the Spin-off Conversion and Adjustment with respect to RSUs agranted by ALV on February 13, 2018.
Employee Stock Options received in connection with the Spin-off Conversion and Adjustment with respect to Stock Options granted by ALV on February 16, 2015.
EVP, Communications and Investor Relations
/s/ Lars A. Sjobring, as attorney-in-fact for Thomas Jonsson
2019-02-20