Jan Carlson - Jul 1, 2021 Form 4 Insider Report for Veoneer, Inc. (VNE)

Role: Chief Executive Officer, Director
Signature: Lars A. Sjobring, as attorney-in-fact for Jan Carlson
Stock symbol: VNE
Transactions as of: Jul 1, 2021
Transactions value $: -$573,765
Form type: 4
Date filed: 7/2/2021, 09:12 PM
Previous filing: Jun 15, 2021
Next filing: Sep 28, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VNE	Common Stock	Options Exercise	$0	+25K	+11.89%	$0.00	235K	Jul 1, 2021	Direct
transaction	VNE	Common Stock	Disposed to Issuer	-$574K	-25K	-10.63%	$22.98	210K	Jul 1, 2021	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	VNE	Restricted Stock Unit	Options Exercise	$0	-25K	-100%	$0.00^*	0	Jul 1, 2021	Common Stock	25K	$0.00	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects restricted stock units (RSUs) granted to the reporting person pursuant to the terms of his employment agreement, which RSUs vest in three approximately equal installments on each of July 1, 2019,2020, and 2021, subject to the reporting person's continued employment with the issuer on each such date (subject to certain limited exceptions). Pursuant to the employment agreement the restricted stock units may be settled solely in cash ("cash-settled RSUs"). Each cash-settled RSU is the economic equivalent of one share of common stock of the issuer.

Content

Reflects restricted stock units (RSUs) granted to the reporting person pursuant to the terms of his employment agreement, which RSUs vest in three approximately equal installments on each of July 1, 2019,2020, and 2021, subject to the reporting person's continued employment with the issuer on each such date (subject to certain limited exceptions). Pursuant to the employment agreement the restricted stock units may be settled solely in cash ("cash-settled RSUs"). Each cash-settled RSU is the economic equivalent of one share of common stock of the issuer.