Ziebart Wolfgang 4
4 · AUTOLIV INC · Filed Jun 11, 2018
Insider Transaction Report
Form 4
AUTOLIV INCALV
Ziebart Wolfgang
Director
Transactions
- Award
Restricted Stock Unit
2018-06-07+3.391→ 864.391 total→ Common Stock (3.391 underlying)
Footnotes (3)
- [F1]Each restricted stock unit (RSU) represents a contingent right to receive one share of ALV common stock.
- [F2]Reflects dividend equivalent rights accrued in the form of additional RSUs in respect of RSUs granted to the reporting person on May 8, 2018. Per the terms of the award agreement, any cash dividend paid with respect to the ALV's common stock for which the record date occurs on or after the grant date and the payment date occurs on or before the vesting date will result in a credit of additional RSUs, which additional RSUs are subject to the same vesting schedule as the underlying RSUs.
- [F3]The RSUs vest and convert to shares in one installment on the earlier of (a) the date of ALV's 2019 annual stockholder meeting, or (b) the one-year anniversary of the grant date of the RSUs granted to the reporting person on May 8, 2018.