0001733186-19-000028.txt : 20190220 0001733186-19-000028.hdr.sgml : 20190220 20190220152826 ACCESSION NUMBER: 0001733186-19-000028 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: Sjobring Lars CENTRAL INDEX KEY: 0001411431 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38471 FILM NUMBER: 19618111 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_155069449236129.xml FORM 4 X0306 4 2019-02-15 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 2019-02-15 4 A 0 4998 0 A 5789 D Common Stock 2019-02-15 4 F 0 1430 29 D 4359 D Restricted Stock Unit 2019-02-15 4 M 0 4998.1166 0 D 2019-02-15 2019-02-15 Common Stock 4998.1166 0 D Restricted Stock Unit 2020-02-19 2020-02-19 Common Stock 5021.6517 5021.6517 D Restricted Stock Unit 2020-11-16 2020-11-16 Common Stock 20240.65 20240.65 D Restricted Stock Unit 2021-02-13 2021-02-13 Common Stock 4363.9168 4363.9168 D Includes 791 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 978.105 RSUs received in connection with the Spin-off Conversion and Adjustment with respect to RSUs granted by ALV on February 15, 2016, and 4020.01156 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 Veoneer, Inc. 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 2971.3915 RSUs received in connection with the Spin-off Conversion and Adjustment with respect to RSUs granted by ALV on February 19, 2017, and 2050.2602 RSUs received in connection with the Spin-off Conversion and Adjustment with respect to performance shares granted by ALV on February 19, 2017. Reflects RSUs received in connection with the Spin-off Conversion and Adjustment with respect to RSUs granted by ALV on November 16, 2015. Reflects RSUs received in connection with the Spin-Off Conversion and Adjustment with respect to RSUs granted by ALV on February 13, 2018. EVP, Legal Affairs, General Counsel and Secretary Lars Sjobring 2019-02-20