AI assistant
AUTOLIV INC — Director's Dealing 2023
Jan 18, 2023
30630_dirs_2023-01-18_cd574f48-e3b2-4bf2-aedd-7412610ab9f9.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: AUTOLIV INC (ALV)
CIK: 0001034670
Period of Report: 2023-01-15
Reporting Person: JADEMYR PER JONAS (See Remarks)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Unit | $ | 2024-02-18 | Common Stock (159.3532) | Direct | |
| Restricted Stock Unit | $ | 2025-02-21 | Common Stock (162.5251) | Direct | |
| Performance-Based Restricted Stock Units (2021 Grant) | $ | Common Stock (124.2955) | Direct |
Footnotes
F1: Each restricted stock unit (RSU) represents a contingent right to receive one share of ALV common stock.
F2: The PSUs, as adjusted if necessary, vest and convert to shares in one installment after the completion of the three-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.
F3: PSU awards granted in February 2021 are comprised of three separate one-year performance periods for each of calendar years 2021, 2022 and 2023. All PSUs will vest following 2023, to the extent earned and subject to the reporting person's continued employment. Reflects the PSUs that were earned over the first one-year performance period (January 1, 2021 - December 31, 2021) based on the level of achievement of pre-determined performance goals related to (i) Order Intake (30%), and (ii) Earnings Per Share (70%). The goals were achieved above the threshold level.