Staffan Olsson - Jun 1, 2024 Form 3 Insider Report for AUTOLIV INC (ALV)

Signature
Brian Kelly by POA from Staffan Olsson
Stock symbol
ALV
Transactions as of
Jun 1, 2024
Transactions value $
$0
Form type
3
Date filed
6/3/2024, 08:12 AM
Next filing
Jun 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ALV Swedish Depository Receipts (SDRs) 1K Jun 1, 2024 Direct

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
holding ALV Restricted Stock Unit Jun 1, 2024 Common Stock 213 Direct F1
holding ALV Restricted Stock Unit Jun 1, 2024 Common Stock 228 Direct F1
holding ALV Restricted Stock Unit Jun 1, 2024 Common Stock 179 Direct F1
holding ALV Performance-Based Restricted Stock Units (2022 Grant) Jun 1, 2024 Common Stock 553 Direct F1, F2, F3
holding ALV Performance-Based Restricted Stock Units (2023 Grant) Jun 1, 2024 Common Stock 437 Direct F1, F4, F5
* 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 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.
F3 The performance-based RSUs awards granted in February 2022 are comprised of three separate one-year performance periods for each of calendar years 2022, 2023 and 2024. All PSUs will vest following 2024, to the extent earned and subject to the reporting person's continued employment. Reflects the PSUs that were earned over the 2022 and 2023 one-year performance periods based on the level of achievement of pre-determined performance goals related to (i) Order Intake (25%), (ii) Earnings Per Share (60%), and Greenhouse Gas Emissions (15%). The goals were achieved above the threshold level.
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, 2025 and the Leadership Development and Compensation Committee's certification of the level of achievement of the applicable performance objectives.
F5 The performance-based RSUs awards granted in February 2023 are comprised of three separate one-year performance periods for each of calendar years 2023, 2024 and 2025. All PSUs will vest following 2025, 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, 2023 - December 31, 2023) based on the level of achievement of pre-determined performance goals related to (i) Order Intake (25%), (ii) Earnings Per Share (60%), and Greenhouse Gas Emissions (15%). The goals were achieved above the threshold level.