0001733186-19-000087.txt : 20190510
0001733186-19-000087.hdr.sgml : 20190510
20190510123556
ACCESSION NUMBER: 0001733186-19-000087
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190508
FILED AS OF DATE: 20190510
DATE AS OF CHANGE: 20190510
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sakamoto Kazuhiko
CENTRAL INDEX KEY: 0001411429
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38471
FILM NUMBER: 19813791
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_155750614099412.xml
FORM 4
X0306
4
2019-05-08
0
0001733186
Veoneer, Inc.
VNE
0001411429
Sakamoto Kazuhiko
KLARABERGSVIADUKTEN 70
STOCKHOLM
V7
SE-11164
SWEDEN
1
0
0
0
Common Stock
2019-05-08
4
M
0
1430
0
A
3625
D
Common Stock
2019-05-08
4
A
0
5698
0
A
9323
D
Restricted Stock Unit
0.0
2019-05-08
4
M
0
1430
0
D
2019-05-08
2019-05-08
Common Stock
1430.0
0
D
Includes 2,195 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").
Reflects a grant of restricted stock units (RSUs) as payment of one-half of the 2019-2020 annual retainer for non-employee director service. The RSUs vest and convert to shares in one installment on the earlier of (a) the date of VNE's 2020 annual stockholder meeting, or (b) the one-year anniversary of the grant date.
Each RSU represents a contingent right to receive one share of VNE common stock
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 RSU, 50% of the outstanding stock award value, as calculated immediately prior to the spin-off, was converted to a RSU of VNE, and 50% to a RSU of ALV, in each case with an adjustment to the number of shares as required to preserve the value inherent in the stock award before and after the distribution.
Fractional RSUs associated with each tranche of RSU awards are rounded down to the nearest whole number at vesting. The fractional amounts are forfeited.
/s/ Lars A. Sjobring, as attorney-in fact for Kazuhiko Sakamoto
2019-05-10