| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ALV | Common Stock | Options Exercise | $0 | +594 | +32.3% | $0.00 | 2.43K | Feb 18, 2022 | Direct | |
| transaction | ALV | Common Stock | Tax liability | -$20.1K | -202 | -8.3% | $99.30 | 2.23K | Feb 18, 2022 | Direct | |
| transaction | ALV | Common Stock | Options Exercise | $0 | +2.32K | +104.03% | $0.00 | 4.55K | Feb 21, 2022 | Direct | F3 |
| transaction | ALV | Common Stock | Tax liability | -$65.9K | -664 | -14.59% | $99.30 | 3.89K | Feb 21, 2022 | Direct |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ALV | Restricted Stock Unit | Options Exercise | $0 | -595 | -100% | $0.00* | 0 | Feb 18, 2022 | Common Stock | 595 | $0.00 | Direct | F1, F2 |
| transaction | ALV | Performance-Based Restricted Stock Units (2019 Grant) | Options Exercise | $0 | -2.32K | -100% | $0.00* | 0 | Feb 21, 2022 | Common Stock | 2.32K | $0.00 | Direct | F1, F2, F3 |
| transaction | ALV | Performance-Based Restricted Stock Units (2021 Grant) | Award | $0 | +441 | $0.00 | 441 | Feb 21, 2022 | Common Stock | 441 | $0.00 | Direct | F1, F4, F5 | |
| transaction | ALV | Restricted Stock Unit | Award | $0 | +504 | $0.00 | 504 | Feb 21, 2022 | Common Stock | 504 | $0.00 | Direct | F1 |
| Id | Content |
|---|---|
| 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. |
Executive Vice President, Legal Affairs; General Counsel; Secretary