Mikael Bratt - Dec 13, 2023 Form 4 Insider Report for AUTOLIV INC (ALV)

Signature
Brian Kelly by POA from Mikael Bratt
Stock symbol
ALV
Transactions as of
Dec 13, 2023
Transactions value $
$0
Form type
4
Date filed
12/14/2023, 10:30 AM
Previous filing
Sep 26, 2023
Next filing
Feb 21, 2024

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 +20.9 +0.66% $0.00 3.18K Dec 13, 2023 Common Stock 20.9 Direct F1, F2, F3
transaction ALV Performance-Based Restricted Stock Units (2022 Grant) Award $0 +13.7 +0.66% $0.00 2.07K Dec 13, 2023 Common Stock 13.7 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 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.