4//SEC Filing
Zhang Xi 4
Accession 0001733186-21-000031
CIK 0001733186other
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 6:36 PM ET
Size
14.7 KB
Accession
0001733186-21-000031
Insider Transaction Report
Form 4
Zhang Xi
EVP Business Unit
Transactions
- Exercise/Conversion
Common Stock
2021-02-13+507→ 826 total - Exercise/Conversion
Restricted Stock Unit
2021-02-13−507.122→ 0 totalExercise: $0.00From: 2021-02-13Exp: 2021-02-13→ Common Stock (507.122 underlying) - Award
Performance-Based Restricted Stock Unit (2019 Grant)
2021-02-15+72.3→ 797.3 totalExercise: $0.00→ Common Stock (72.3 underlying) - Award
Performance-Based Restricted Stock Unit (2020 Grant)
2021-02-15+515.7→ 515.7 totalExercise: $0.00→ Common Stock (515.7 underlying) - Award
Restricted Stock Unit
2021-02-16+2,656→ 2,656 totalExercise: $0.00From: 2024-02-16Exp: 2024-02-16→ Common Stock (2,656 underlying)
Footnotes (5)
- [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 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.
- [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]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.
- [F5]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 0001821065
Filing Metadata
- Form type
- 4
- Filed
- Feb 16, 7:00 PM ET
- Accepted
- Feb 17, 6:36 PM ET
- Size
- 14.7 KB