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AUTOLIV INC — Director's Dealing 2023
Mar 27, 2023
30630_dirs_2023-03-27_4953f657-45b3-4bfc-875d-2f810e1e67bc.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: AUTOLIV INC (ALV)
CIK: 0001034670
Period of Report: 2023-03-23
Reporting Person: Ericson Per Eric (See Remarks)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-03-23 | Restricted Stock Unit | $ | A | 11.0663 | Acquired | 2023-07-01 | Common Stock (11.0663) | Direct |
| 2023-03-23 | Restricted Stock Unit | $ | A | 9.0477 | Acquired | Common Stock (9.0477) | Direct | |
| 2023-03-23 | Performance-Based Restricted Stock Units (2021 Grant) | $ | A | 3.6163 | Acquired | Common Stock (3.6163) | Direct | |
| 2023-03-23 | Restricted Stock Unit | $ | A | 3.8471 | Acquired | 2024-02-18 | Common Stock (3.8471) | Direct |
| 2023-03-23 | Restricted Stock Unit | $ | A | 3.6184 | Acquired | 2025-02-21 | Common Stock (3.6184) | Direct |
| 2023-03-23 | Performance-Based Restricted Stock Units (2022 Grant) | $ | A | 2.4605 | Acquired | Common Stock (2.4605) | Direct | |
| 2023-03-23 | Restricted Stock Unit | $ | A | 3.8629 | Acquired | 2026-02-15 | Common Stock (3.8629) | Direct |
Footnotes
F1: Each restricted stock unit (RSU) represents a contingent right to receive one share of ALV common stock.
F2: Dividend equivalent rights accrued in the form of additional RSUs. Per the award agreement, cash dividends with a record date on or after the grant date and paid on or before the vesting date yield additional RSUs subject to the same vesting schedule as the underlying RSUs.
F3: The RSUs vest in three approximately equal installments on each of the first, second and third anniversaries of the July 1, 2020 grant date, subject to the reporting person's continued employment with the issuer on each such date.
F4: The PSUs, as adjusted if necessary, vest and convert to shares in one installment after the completion of the third one-year performance period ending December 31, 2023 and the Leadership Development and Compensation Committee's certification of the level of achievement of the applicable performance objectives.
F5: The PSUs, as adjusted if necessary, vest and convert to shares in one installment after the completion of the third one-year performance period ending December 31, 2024 and the Leadership Development and Compensation Committee's certification of the level of achievement of the applicable performance objectives.