Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ALV | Restricted Stock Unit | Award | $0 | +7.32 | +0.6% | $0.00 | 1.23K | Jun 12, 2024 | Common Stock | 7.32 | Direct | F1, F2, F3 |
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 RSUs vest and convert to shares in one installment on the earlier of (a) the date of ALV's 2025 annual stockholder meeting, or (b) the one-year anniversary of May 10, 2024. |