Home/Filings/4/0001733186-22-000027
4//SEC Filing

Bieler Matthias Horst 4

Accession 0001733186-22-000027

CIK 0001733186other

Filed

Feb 17, 7:00 PM ET

Accepted

Feb 18, 4:26 PM ET

Size

11.2 KB

Accession

0001733186-22-000027

Insider Transaction Report

Form 4
Period: 2022-02-16
Bieler Matthias Horst
EVP, Business Unit Europe
Transactions
  • Award

    Restricted Stock Unit

    2022-02-16+18,15118,151 total
    Exercise: $0.00Common Stock (18,151 underlying)
  • Award

    Performance-Based Restricted Stock Unit (2020 Grant)

    2022-02-16+11,141.2811,141.28 total
    Exercise: $0.00Common Stock (11,141.28 underlying)
  • Award

    Performance-Based Restricted Stock Unit (2021 Grant)

    2022-02-16+3,682.83,682.8 total
    Exercise: $0.00Common Stock (3,682.8 underlying)
Footnotes (5)
  • [F1]Each restricted stock unit (RSU) represents a contingent right to receive one share of VNE common stock.
  • [F2]The RSUs vest and convert to shares in one installment on the third anniversary of the grant date.
  • [F3]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, 2021 - December 31, 2021 performance period 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 2021. PSs may be earned over a three-year performance period (January 1, 2021 - December 31, 2023) based on level of achievement of 1-year annual gross margin performance objectives. The annual gross margin performance objective for the January 1, 2021 - December 31, 2021 performance period 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.

Issuer

Veoneer, Inc.

CIK 0001733186

Entity typeother

Related Parties

1
  • filerCIK 0001802005

Filing Metadata

Form type
4
Filed
Feb 17, 7:00 PM ET
Accepted
Feb 18, 4:26 PM ET
Size
11.2 KB