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 | +21.6 | +0.69% | $0.00 | 3.16K | Sep 22, 2023 | Common Stock | 21.6 | Direct | F1, F2, F3 | |
transaction | ALV | Performance-Based Restricted Stock Units (2022 Grant) | Award | $0 | +14.1 | +0.69% | $0.00 | 2.06K | Sep 22, 2023 | Common Stock | 14.1 | Direct | F1, F2, F4 |
Id | Content |
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F1 | Each 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 performance-based RSUs, 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 performance-based RSUs, 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. |