Filing Details

Accession Number:
0000899243-18-024131
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-09-10 16:16:13
Reporting Period:
2018-08-22
Accepted Time:
2018-09-10 16:16:13
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1733186 Veoneer Inc. VNE Motor Vehicle Parts & Accessories (3714) 823720890
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1742796 Arthur Blanchford Klarabergsviadukten 70, Section C6
Stockholm V7 SE-111 64
Evp, Sales And Marketing No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2018-08-22 632 $51.68 632 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Restricted Stock Unit $0.00 2019-02-15 2019-02-15 209 209 Direct
Common Stock Restricted Stock Unit $0.00 2019-02-15 2019-02-15 857 857 Direct
Common Stock Restricted Stock Unit $0.00 2020-02-19 2020-02-19 634 634 Direct
Common Stock Restricted Stock Unit $0.00 2020-02-19 2020-02-19 437 437 Direct
Common Stock Restricted Stock Unit $0.00 2021-02-13 2021-02-13 931 931 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2019-02-15 209 209 Direct
2019-02-15 857 857 Direct
2020-02-19 634 634 Direct
2020-02-19 437 437 Direct
2021-02-13 931 931 Direct
Footnotes
  1. Each restricted stock unit (RSU) represents a contingent right to receive one share of VNE common stock.
  2. As reported in the Registration Statement on Form 10 filed by VNE with the SEC, in connection with 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"), 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. The conversion and adjustment described herein is referred to as the "Spin-off Conversion and Adjustment."
  3. As a result of the Spin-off Conversion and Adjustment, for each holder of ALV stock options or RSUs, 50% of the outstanding stock award value, as calculated immediately prior to the Spin-off, was converted into a stock option or RSU, as applicable, of VNE, and 50% of a stock option or RSU, as applicable, of ALV, with an adjustment to the number of shares and, in the case of stock options, exercise price, as required to preserve the value inherent in the stock award before and after the distribution.
  4. As a result of the Spin-off Conversion and Adjustment, outstanding performance shares were converted into RSUs of both ALV and VNE as described in footnote 3 above, with the number of performance shares so converting determined based on: (i) for the period between the beginning of the performance period and December 31, 2017, the actual level of performance measured as of December 31, 2017; and (ii) for the period following December 31, 2017 and the last day of the applicable performance period, actual performance measured as of December 31, 2017, or target level performance, whichever was greater.
  5. RSUs received in connection with the Spin-off Conversion and Adjustment with respect to RSUs granted by ALV on February 15, 2016.
  6. RSUs received in connection with the Spin-Off Conversion and Adjustment with respect to performance shares granted by ALV on February 15, 2016.
  7. RSUs received in connection with the Spin-off Conversion and Adjustment with respect to RSUs granted by ALV on February 19, 2017.
  8. RSUs received in connection with the Spin-Off Conversion and Adjustment with respect to performance shares granted by ALV on February 19, 2017.
  9. RSUs received in connection with the Spin-off Conversion and Adjustment with respect to RSUs granted by ALV on February 13, 2018.