Sng Yih - 15 Feb 2023 Form 4 Insider Report for AUTOLIV INC (ALV)

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	ALV	Performance-Based Restricted Stock Units (2022 Grant)	Award	$0	+443		$0.00	443	15 Feb 2023	Common Stock	443	$0.00	Direct	F1, F2, F3
transaction	ALV	Restricted Stock Unit	Award	$0	+696		$0.00	696	15 Feb 2023	Common Stock	696	$0.00	Direct	F1

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

Id	Content
F1	Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of ALV common stock.
F2	PSU awards granted in February 2022 are comprised of three separate one-year performance periods for each of calendar years 2022, 2023 and 2024. All PSUs will vest following 2024, 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, 2022 - December 31, 2022) based on the level of achievement of pre-determined performance goals related to (i) Order Intake (25%), (ii) Earnings Per Share (60%), and Greenhouse Gas Emissions (15%). The goals were achieved above the threshold level.
F3	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, 2024 and the Leadership Development and Compensation Committee's certification of the level of achievement of the applicable performance objectives.