4//SEC Filing
Bieler Matthias Horst 4
Accession 0001733186-21-000025
CIK 0001733186other
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 6:34 PM ET
Size
8.5 KB
Accession
0001733186-21-000025
Insider Transaction Report
Form 4
Bieler Matthias Horst
EVP, Business Unit Europe
Transactions
- Award
Restricted Stock Unit
2021-02-16+10,230→ 10,230 totalExercise: $0.00From: 2024-02-16Exp: 2024-02-16→ Common Stock (10,230 underlying) - Award
Performance-Based Restricted Stock Unit (2020 Grant)
2021-02-15+3,094.8→ 3,094.8 totalExercise: $0.00→ Common Stock (3,094.8 underlying)
Footnotes (4)
- [F1]Each restricted stock unit (RSU) represents a contingent right to receive one share of VNE common stock.
- [F2]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.
- [F3]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.
- [F4]The RSUs vest and convert to shares in one installment on the third anniversary of the grant date.
Documents
Issuer
Veoneer, Inc.
CIK 0001733186
Entity typeother
Related Parties
1- filerCIK 0001802005
Filing Metadata
- Form type
- 4
- Filed
- Feb 16, 7:00 PM ET
- Accepted
- Feb 17, 6:34 PM ET
- Size
- 8.5 KB