Bisciotti Robert George Jr. 4

Accession 0001733186-21-000032

CIK 0001733186other

View on SEC.gov Company Profile

Filed

Feb 16, 7:00 PM ET

Accepted

Feb 17, 6:36 PM ET

Size

16.2 KB

Accession

0001733186-21-000032

Insider Transaction Report

Form 4

Period: 2021-02-13

Veoneer, Inc.VNE

Bisciotti Robert George Jr.

EVP Business Unit

Transactions

Exercise/Conversion
Common Stock
2021-02-13+930→ 930 total
Tax Payment
Common Stock
2021-02-13$29.73/sh−258$7,670→ 672 total
Exercise/Conversion
Restricted Stock Unit
2021-02-13−930.836→ 0 total
Exercise: $0.00From: 2021-02-13Exp: 2021-02-13→ Common Stock (930.836 underlying)
Award
Performance-Based Restricted Stock Unit (2019 Grant)
2021-02-15+134.4→ 134.4 total
Exercise: $0.00→ Common Stock (134.4 underlying)
Award
Performance-Based Restricted Stock Unit (2020 Grant)
2021-02-15+412.5→ 412.5 total
Exercise: $0.00→ Common Stock (412.5 underlying)
Award
Restricted Stock Unit
2021-02-16+6,557→ 6,557 total
Exercise: $0.00From: 2024-02-16Exp: 2024-02-16→ Common Stock (6,557 underlying)

Footnotes (6)

[F1]Each restricted stock unit (RSU) represents a contingent right to receive one share of VNE common stock.
[F2]Fractional RSUs associated with each tranche of RSU awards are rounded down to the nearest whole number at vesting. The fractional amounts are forfeited.
[F3]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.
[F4]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.
[F5]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.
[F6]The RSUs vest and convert to shares in one installment on the third anniversary of the grant date.

Documents

1 file

4
wf-form4_161360500137737.xmlPrimary
FORM 4

Issuer

Veoneer, Inc.

CIK 0001733186

→

Entity typeother

Related Parties

filerCIK 0001820919

Filing Metadata

Form type: 4
Filed: Feb 16, 7:00 PM ET
Accepted: Feb 17, 6:36 PM ET
Size: 16.2 KB

View on SEC.gov