4//SEC Filing
Mogefors Svante 4
Accession 0000899243-22-007340
CIK 0001034670other
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 1:49 PM ET
Size
18.6 KB
Accession
0000899243-22-007340
Insider Transaction Report
Form 4
AUTOLIV INCALV
Mogefors Svante
VP Qualty & Manufacturing
Transactions
- Exercise/Conversion
Common Stock
2022-02-21+3,527→ 14,462 total - Sale
Common Stock
2022-02-23$97.33/sh−723$70,370→ 13,739 total - Exercise/Conversion
Performance-Based Restricted Stock Units (2019 Grant)
2022-02-21−3,527.24→ 0 totalExercise: $0.00From: 2022-02-21Exp: 2022-02-21→ Common Stock (3,527.24 underlying) - Exercise/Conversion
Common Stock
2022-02-18+904→ 10,935 total - Exercise/Conversion
Restricted Stock Unit
2022-02-18−904.42→ 0 totalExercise: $0.00From: 2022-02-18Exp: 2022-02-18→ Common Stock (904.42 underlying) - Award
Performance-Based Restricted Stock Units (2021 Grant)
2022-02-21+587.627→ 587.627 totalExercise: $0.00→ Common Stock (587.627 underlying) - Award
Restricted Stock Unit
2022-02-21+670→ 670 totalExercise: $0.00From: 2025-02-21Exp: 2025-02-21→ Common Stock (670 underlying)
Footnotes (6)
- [F1]Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of ALV common stock.
- [F2]Fractional RSUs are rounded down to the nearest whole number at vesting, the fractional amount is forfeited.
- [F3]Reflects performance-based restricted stock units (PSUs) that were granted in February 2019, which PSUs were earned over a three-year performance period (January 1, 2019 - December 31, 2021) based on the level of achievement of pre-determined performance goals related to (i) Order Intake (35%), and (ii) Earnings Per Share Growth in relation to Light Vehicle Production (65%). The goals were achieved above the threshold level.
- [F4]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.
- [F5]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.
- [F6]Sale to cover taxes made pursuant to a 10b5-1 trading plan.
Documents
Issuer
AUTOLIV INC
CIK 0001034670
Entity typeother
Related Parties
1- filerCIK 0001321564
Filing Metadata
- Form type
- 4
- Filed
- Feb 22, 7:00 PM ET
- Accepted
- Feb 23, 1:49 PM ET
- Size
- 18.6 KB