Sng Yih - Mar 23, 2023 Form 4 Insider Report for AUTOLIV INC (ALV)

Role
President, Autoliv China
Signature
/s/ Brian Kelly as attorney-in-fact
Stock symbol
ALV
Transactions as of
Mar 23, 2023
Transactions value $
$0
Form type
4
Date filed
3/27/2023, 11:35 AM
Previous filing
Feb 21, 2023
Next filing
Jun 15, 2023
SEC
View on sec.gov

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 Restricted Stock Unit Award $0 +4.88 +0.75% $0.00 656 Mar 23, 2023 Common Stock 4.88 Direct F1, F2
transaction ALV Restricted Stock Unit Award $0 +19.5 +0.75% $0.00 2.63K Mar 23, 2023 Common Stock 19.5 Direct F1, F2, F3
transaction ALV Performance-Based Restricted Stock Units (2022 Grant) Award $0 +3.33 +0.75% $0.00 447 Mar 23, 2023 Common Stock 3.33 Direct F1, F2, F4
transaction ALV Restricted Stock Unit Award $0 +5.22 +0.75% $0.00 701 Mar 23, 2023 Common Stock 5.22 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 two approximately equal installments on the first and second anniversaries of the February 21, 2022 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, 2024 and the Leadership Development and Compensation Committee's certification of the level of achievement of the applicable performance objectives.