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