4//SEC Filing
Oldorff Frithjof 4
Accession 0000899243-23-005403
CIK 0001034670other
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 1:06 PM ET
Size
16.4 KB
Accession
0000899243-23-005403
Insider Transaction Report
Form 4
AUTOLIV INCALV
Oldorff Frithjof
President, Autoliv Europe
Transactions
- Exercise/Conversion
Common Stock
2023-02-15+917→ 4,829 total - Exercise/Conversion
Performance-Based Restricted Stock Units (2020 Grant)
2023-02-15−917.629→ 0 totalExercise: $0.00From: 2023-02-15Exp: 2023-02-15→ Common Stock (917.629 underlying) - Award
Performance-Based Restricted Stock Units (2022 Grant)
2023-02-15+443.476→ 443.476 totalExercise: $0.00→ Common Stock (443.476 underlying) - Award
Restricted Stock Unit
2023-02-15+696→ 696 totalExercise: $0.00From: 2026-02-15Exp: 2026-02-15→ Common Stock (696 underlying) - Award
Performance-Based Restricted Stock Units (2021 Grant)
2023-02-15+117.183→ 688.448 totalExercise: $0.00→ Common Stock (117.183 underlying)
Footnotes (7)
- [F1]Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of ALV common stock.
- [F2]Fractional RSUs are rounded down to the nearest whole number at vesting, the fractional amount is forfeited.
- [F3]PSU awards granted in February 2020 are comprised of a single three-year performance period (2020-2022) cliff vesting in February 2023, to the extent earned and subject to the reporting person's continued employment. Reflects the PSUs that were earned based on the level of achievement of pre-determined performance goals related to (i) Order Intake (30%), and (ii) Earnings Per Share Growth in relation to light vehicle production (70%). The goals were achieved above the threshold level.
- [F4]PSU awards granted in February 2021 are comprised of three separate one-year performance periods for each of calendar years 2021, 2022 and 2023. All PSUs will vest following 2023, to the extent earned and subject to the reporting person's continued employment. Reflects the PSUs that were earned over the second one-year performance period (January 1, 2022 - December 31, 2022) based on the level of achievement of pre-determined performance goals related to (i) Order Intake (30%), and (ii) Earnings Per Share (70%). The goals were achieved above the threshold level.
- [F5]The PSUs, as adjusted if necessary, vest and convert to shares in one installment after the completion of the three-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.
- [F6]PSU 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 first one-year performance period (January 1, 2022 - December 31, 2022) 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.
- [F7]The PSUs, as adjusted if necessary, vest and convert to shares in one installment after the completion of the three-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.
Documents
Issuer
AUTOLIV INC
CIK 0001034670
Entity typeother
Related Parties
1- filerCIK 0001550494
Filing Metadata
- Form type
- 4
- Filed
- Feb 16, 7:00 PM ET
- Accepted
- Feb 17, 1:06 PM ET
- Size
- 16.4 KB