AUTOLIV INC — Director's Dealing 2011

Jun 1, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AUTOLIV INC (ALV)
CIK: 0001034670
Period of Report: 2011-05-31

Reporting Person: Fredin Steven R (VP Engineering)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-31	Common Stock	M	6900	$44.70	Acquired	9233	Direct
2011-05-31	Common Stock	S	6900	$76.56	Disposed	2333	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-31	Stock Option	$44.70	M	6900	Disposed	2020-02-18	Common Stock (6900)	Direct

Footnotes

F1: The exercise and sale reported in this Form 4 were effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on February 28, 2011.

F2: The Stock Options were granted under the Company's Stock Incentive Plan of 1997, as amended, at no cost to the reporting person.