0000899243-18-024097.txt : 20180910 0000899243-18-024097.hdr.sgml : 20180910 20180910111258 ACCESSION NUMBER: 0000899243-18-024097 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180906 FILED AS OF DATE: 20180910 DATE AS OF CHANGE: 20180910 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Cheng Jennifer CENTRAL INDEX KEY: 0001745681 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12933 FILM NUMBER: 181061812 MAIL ADDRESS: STREET 1: C/O AUTOLIV, INC. STREET 2: BOX 70381 CITY: STOCKHOLM STATE: V7 ZIP: SE 107 24 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: AUTOLIV INC CENTRAL INDEX KEY: 0001034670 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] IRS NUMBER: 510378542 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 3350 AIRPORT RD CITY: OGDEN STATE: UT ZIP: 84405 BUSINESS PHONE: 8016299800 MAIL ADDRESS: STREET 1: BOX 70381 STREET 2: SE 107 24 STOCKHOLM CITY: SWEDEN STATE: V7 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2018-09-06 0 0001034670 AUTOLIV INC ALV 0001745681 Cheng Jennifer C/O AUTOLIV, INC. KLARABERGSVIADUKTEN 70, SECTION B7 STOCKHOLM V7 SE-111 64 SWEDEN 0 1 0 0 President, Autoliv China Restricted Stock Unit 2018-09-06 4 A 0 6.1576 0.00 A 2020-02-19 2020-02-19 Common Stock 6.1576 857.6944 D Restricted Stock Unit 2018-09-06 4 A 0 4.2487 0.00 A 2020-02-19 2020-02-19 Common Stock 4.2487 591.8091 D Restricted Stock Unit 2018-09-06 4 A 0 9.0541 0.00 A 2021-02-13 2021-02-13 Common Stock 9.0541 1261.1446 D Restricted Stock Unit 2019-02-15 2019-02-15 Common Stock 730.1826 730.1826 D Restricted Stock Unit 2019-02-15 2019-02-15 Common Stock 177.66 177.66 D Each restricted stock unit (RSU) represents a contingent right to receive one share of ALV common stock. Dividend equivalent rights accrued in the form of additional RSUs to RSUs granted on February 19, 2017. 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. The RSUs vest and convert to shares in one installment on the third anniversary of February 19, 2017. As reported in the Registration Statement on Form 10 filed by Veoneer, Inc. ("VNE") with the SEC, in connection with the distribution by ALV of 100% of the outstanding shares of common stock of VNE on a pro rata basis to ALV stockholders on June 29, 2018 (the "Spin-off"), stock-based awards granted by ALV prior to the Spin-off were converted into adjusted stock-based awards relating to both shares of ALV and VNE common stock. With certain limited exceptions, the adjusted awards are subject to the same or equivalent vesting conditions and other terms that applied to the applicable original ALV award immediately before the Spin-off. For Chinese residents and citizens who are subject to the State Administration of Foreign Exchange ("SAFE") regulations, ALV RSUs were adjusted to the number of shares as required to preserve the value inherent in the stock award before and after the distribution. (Continued from footnote 5) Outstanding ALV performance shares were converted to ALV RSUs with the number of performance shares so converting determined based on: (i) for the period between the beginning of the performance period and December 31, 2017, the actual level of performance measured as of December 31, 2017; and (ii) for the period following December 31, 2017 and the last day of the applicable performance period, actual performance measured as of December 31, 2017, or target level performance, whichever was greater. The conversion and adjustment described herein is referred to as the "Spin-off Conversion and Adjustment." The number of RSUs held following the Spin-off Conversion and Adjustment. RSUs received in connection with the Spin-Off Conversion and Adjustment of performance shares granted by ALV on February 19, 2017. Dividend equivalent rights accrued in the form of additional RSUs. Dividend equivalent rights accrued in the form of additional RSUs to RSUs granted on February 13, 2018. The RSUs vest and convert to shares in one installment on the third anniversary of February 13, 2018. RSUs received in connection with the Spin-Off Conversion and Adjustment of performance shares granted by ALV on February 15, 2016. RSUs received in connection with the Spin-Off Conversion and Adjustment of RSUs granted by ALV on February 15, 2016. /s/ Zachariah Miller as attorney-in-fact 2018-09-10