0001733186-21-000027.txt : 20210217
0001733186-21-000027.hdr.sgml : 20210217
20210217183518
ACCESSION NUMBER: 0001733186-21-000027
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210215
FILED AS OF DATE: 20210217
DATE AS OF CHANGE: 20210217
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Backman Mats
CENTRAL INDEX KEY: 0001673833
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38471
FILM NUMBER: 21646763
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_161360489575365.xml
FORM 4
X0306
4
2021-02-15
0
0001733186
Veoneer, Inc.
VNE
0001673833
Backman Mats
KLARABERGSVIADUKTEN 70
SECTION C6
STOCKHOLM
V7
SE-11164
SWEDEN
0
1
0
0
See Remarks
Performance-Based Restricted Stock Unit (2019 Grant)
0.0
2021-02-15
4
A
0
924.90
0
A
Common Stock
924.9
924.90
D
Performance-Based Restricted Stock Unit (2020 Grant)
2021-02-15
4
A
0
3094.80
0
A
Common Stock
3094.8
3094.80
D
Each restricted stock unit (RSU) represents a contingent right to receive one share of VNE common stock.
Reflects earned performance-based restricted stock units (PSs) that were granted in March 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, 2020 - December 31, 2020 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, 2020 - December 31, 2020 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.
Lars A. Sjobring, as attorney-in-fact for Mats Backman
2021-02-17