Mikael Bratt - Mar 23, 2023 Form 4 Insider Report for AUTOLIV INC (ALV)

Role
President and Chief Executive Officer, Director
Signature
/s/ Brian Kelly attorney-in-fact
Stock symbol
ALV
Transactions as of
Mar 23, 2023
Transactions value $
$0
Form type
4
Date filed
3/27/2023, 08:48 AM
Previous filing
Feb 23, 2023
Next filing
Jun 15, 2023

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 Performance-Based Restricted Stock Units (2021 Grant) Award $0 +23.2 +0.75% $0.00 3.11K Mar 23, 2023 Common Stock 23.2 Direct F1, F2, F3
transaction ALV Performance-Based Restricted Stock Units (2022 Grant) Award $0 +15.1 +0.75% $0.00 2.03K Mar 23, 2023 Common Stock 15.1 Direct F1, F2, F4
* 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 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, 2023 and the Leadership Development and Compensation Committee's certification of the level of achievement of the applicable performance objectives.
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.

Remarks:

President and Chief Executive Officer