MURRAY BRAD 4

Accession 0000899243-18-024105

CIK 0001034670other

View on SEC.gov Company Profile

Filed

Sep 9, 8:00 PM ET

Accepted

Sep 10, 11:20 AM ET

Size

22.1 KB

Accession

0000899243-18-024105

Insider Transaction Report

Form 4

Period: 2018-09-06

AUTOLIV INCALV

MURRAY BRAD

President, Autoliv Asia

Transactions

Award
Restricted Stock Unit
2018-09-06+2.405→ 335.024 total
From: 2020-02-19Exp: 2020-02-19→ Common Stock (2.405 underlying)
Award
Restricted Stock Unit
2018-09-06+3.486→ 485.542 total
From: 2020-02-19Exp: 2020-02-19→ Common Stock (3.486 underlying)
Award
Restricted Stock Unit
2018-09-06+5.123→ 713.599 total
From: 2021-02-13Exp: 2021-02-13→ Common Stock (5.123 underlying)

Holdings

Employee Stock Option (right to buy)
Exercise: $47.52From: 2013-02-22Exp: 2022-02-22→ Common Stock (710 underlying)
710
Restricted Stock Unit
From: 2019-02-15Exp: 2019-02-15→ Common Stock (158.625 underlying)
158.625
Employee Stock Option (right to buy)
Exercise: $49.07From: 2014-02-19Exp: 2023-02-19→ Common Stock (2,219 underlying)
2,219
Employee Stock Option (right to buy)
Exercise: $80.40From: 2016-02-16Exp: 2025-02-16→ Common Stock (1,319 underlying)
1,319
Restricted Stock Unit
From: 2019-02-15Exp: 2019-02-15→ Common Stock (652.915 underlying)
652.915
Employee Stock Option (right to buy)
Exercise: $67.29From: 2015-02-19Exp: 2024-02-19→ Common Stock (1,577 underlying)
1,577

Footnotes (14)

[F1]Each restricted stock unit (RSU) represents a contingent right to receive one share of ALV common stock.
[F10]Dividend equivalent rights accrued in the form of additional RSUs to RSUs granted on February 13, 2018.
[F11]The RSUs vest and convert to shares in one installment on the third anniversary of February 13, 2018.
[F12]RSUs received in connection with the Spin-Off Conversion and Adjustment of performance shares granted by ALV on February 15, 2016.
[F13]RSUs received in connection with the Spin-Off Conversion and Adjustment of RSUs granted by ALV on February 15, 2016.
[F14]The number of stock options held following the Spin-Off Conversion and Adjustment.
[F2]Dividend equivalent rights accrued in the form of additional RSUs to RSUs granted on February 19, 2017.
[F3]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.
[F4]The RSUs vest and convert to shares in one installment on the third anniversary of February 19, 2017.
[F5]As reported in the Registration Statement on Form 10 filed by Veoneer, Inc. ("VNE") with the SEC, in connection with the distribution by ALV of 100% of the outstanding shares of common stock of VNE on a pro rata basis to ALV stockholders on June 29, 2018 (the "Spin-off"), stock-based awards granted by ALV prior to the Spin-off were converted into adjusted stock-based awards relating to both shares of ALV and VNE common stock. With certain limited exceptions, the adjusted awards are subject to the same or equivalent vesting conditions and other terms that applied to the applicable original ALV award immediately before the Spin-off. For each holder of a stock option or RSU, 50% of the outstanding stock award value, as calculated immediately prior to the spin-off, was converted to a stock option or RSU, as applicable, of VNE, and 50% of a stock option or RSU, as applicable, of ALV,
[F6](Continued from footnote 5) with an adjustment to the number of shares and, in the case of stock options, exercise price, as required to preserve the value inherent in the stock award before and after the distribution. Outstanding performance shares were converted to RSUs of both ALV and VNE as described above, with the number of performance shares so converting determined based on: (i) for the period between the beginning of the performance period and December 31, 2017, the actual level of performance measured as of December 31, 2017; and (ii) for the period following December 31, 2017 and the last day of the applicable performance period, actual performance measured as of December 31, 2017, or target level performance, whichever was greater. The conversion and adjustment described herein is referred to as the "Spin-off Conversion and Adjustment."
[F7]The number of RSUs held following the Spin-off Conversion and Adjustment.
[F8]RSUs received in connection with the Spin-Off Conversion and Adjustment of performance shares granted by ALV on February 19, 2017.
[F9]Dividend equivalent rights accrued in the form of additional RSUs.

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION

Issuer

AUTOLIV INC

CIK 0001034670

→

Entity typeother

IncorporatedSweden

Related Parties

filerCIK 0001057383

Filing Metadata

Form type: 4
Filed: Sep 9, 8:00 PM ET
Accepted: Sep 10, 11:20 AM ET
Size: 22.1 KB

View on SEC.gov