4//SEC Filing
Alspaugh Robert W 4
Accession 0001733186-19-000085
CIK 0001733186other
Filed
May 9, 8:00 PM ET
Accepted
May 10, 12:32 PM ET
Size
9.5 KB
Accession
0001733186-19-000085
Insider Transaction Report
Form 4
Alspaugh Robert W
Director
Transactions
- Exercise/Conversion
Common Stock
2019-05-08+1,430→ 6,408 total - Award
Common Stock
2019-05-08+5,698→ 12,106 total - Exercise/Conversion
Restricted Stock Unit
2019-05-08−1,430→ 0 totalExercise: $0.00From: 2019-05-08Exp: 2019-05-08→ Common Stock (1,430 underlying)
Footnotes (4)
- [F1]Includes 4,978 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").
- [F2]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.
- [F3]Each RSU represents a contingent right to receive one share of VNE common stock
- [F4]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.
Documents
Issuer
Veoneer, Inc.
CIK 0001733186
Entity typeother
Related Parties
1- filerCIK 0001365933
Filing Metadata
- Form type
- 4
- Filed
- May 9, 8:00 PM ET
- Accepted
- May 10, 12:32 PM ET
- Size
- 9.5 KB