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