Form 4 for ALV AUTOLIV INC
Accepted 2022-02-23 00:00:00 ET · period of report 2022-02-18 · accession 0000899243-22-007342 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-02-23 | 2022-02-18+ | ALV | Bratt Mikael | See Remarks, Dir | M - OptEx | $0.00 | +9,163 | 15.2K | +151% | $0 |
| D | 2022-02-23 | 2022-02-23 | ALV | Bratt Mikael | See Remarks, Dir | S - Sale+OE | $97.33 | -935 | 14.3K | -6% | -$91.0K |
| DM | 2022-02-23 | 2022-02-18+ | ALV | Bratt Mikael | See Remarks, Dir | M - OptEx | $0.00 | -9,164 | 0 | -100% | $0 |
| D | 2022-02-23 | 2022-02-21 | ALV | Bratt Mikael | See Remarks, Dir | A - Grant | $0.00 | +2,477 | 2,477 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-02-18 | M | A | 1,870 | $0.00 | 7,935 | D | — | — | |
| 2 | Common | Common Stock | 2022-02-21 | M | A | 7,293 | $0.00 | 15,228 | D | — | — | (F3) Reflects performance-based restricted stock units (PSUs) that were granted in February 2019, which PSUs were earned over a three-year performance period (January 1, 2019 - December 31, 2021) based on the level of achievement of pre-determined performance goals related to (i) Order Intake (35%), and (ii) Earnings Per Share Growth in relation to Light Vehicle Production (65%). The goals were achieved above the threshold level. |
| 3 | Common | Common Stock | 2022-02-23 | S | D | 935 | $97.33 | 14,293 | D | — | — | (F6) Sale to cover taxes made pursuant to a 10b5-1 trading plan. |
| 4 | Derivative | Performance-Based Restricted Stock Units (2019 Grant) | 2022-02-21 | M | D | 7,293.78 | $0.00 | 0 | D | $0.00 · 2022-02-21 to 2022-02-21 | 7,293.78 Common Stock | (F3) Reflects performance-based restricted stock units (PSUs) that were granted in February 2019, which PSUs were earned over a three-year performance period (January 1, 2019 - December 31, 2021) based on the level of achievement of pre-determined performance goals related to (i) Order Intake (35%), and (ii) Earnings Per Share Growth in relation to Light Vehicle Production (65%). The goals were achieved above the threshold level. (F2) Fractional RSUs are rounded down to the nearest whole number at vesting, the fractional amount is forfeited. (F1) Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of ALV common stock. |
| 5 | Derivative | Restricted Stock Unit | 2022-02-18 | M | D | 1,870.55 | $0.00 | 0 | D | $0.00 · 2022-02-18 to 2022-02-18 | 1,870.55 Common Stock | (F2) Fractional RSUs are rounded down to the nearest whole number at vesting, the fractional amount is forfeited. (F1) Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of ALV common stock. |
| 6 | Derivative | Performance-Based Restricted Stock Units (2021 Grant) | 2022-02-21 | A | A | 2,476.94 | $0.00 | 2,476.94 | D | $0.00 · — to — | 2,476.94 Common Stock | (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 first one-year performance period (January 1, 2021 - December 31, 2021) 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. (F1) Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of ALV common stock. (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. |