Form Type: 4

SEC EDGAR Link
Accession Number:0001733186-21-000032
Date:2021-02-13
Issuer: VEONEER, INC. (VNE)
Original Submission Date:

Reporting Person:

BISCIOTTI ROBERT GEORGE JR.
KLARABERGSVIADUKTEN 70, SECTION C6
BOX 70381, SE-107 24 STOCKHOLM, V7 SE-11164

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2021-02-13 M 930 a $0.00 930 direct
COMMON STOCK 2021-02-13 F 258 d $29.73 672 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
RESTRICTED STOCK UNIT 0.0 2021-02-13 deemed execution date M 931 (d) 2021-02-13 2021-02-13 common stock 931 $0.00 0 direct
PERFORMANCE-BASED RESTRICTED STOCK UNIT (2019 GRANT) 0.0 2021-02-15 deemed execution date A 134 (a) common stock 134 $0.00 134 direct
PERFORMANCE-BASED RESTRICTED STOCK UNIT (2020 GRANT) 0.0 2021-02-15 deemed execution date A 413 (a) common stock 413 $0.00 413 direct
RESTRICTED STOCK UNIT 0.0 2021-02-16 deemed execution date A 6,557 (a) 2024-02-16 2024-02-16 common stock 6,557 $0.00 6,557 direct
Footnotes
IDfootnote
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.
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