0000899243-22-007342.txt : 20220223 0000899243-22-007342.hdr.sgml : 20220223 20220223135319 ACCESSION NUMBER: 0000899243-22-007342 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220218 FILED AS OF DATE: 20220223 DATE AS OF CHANGE: 20220223 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Bratt Mikael CENTRAL INDEX KEY: 0001673834 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12933 FILM NUMBER: 22662497 MAIL ADDRESS: STREET 1: C/O AUTOLIV, INC. STREET 2: KLARABERGSVIADUKTEN 70, SECTION B7 CITY: STOCKHOLM STATE: V7 ZIP: SE-111 64 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 2022-02-18 0 0001034670 AUTOLIV INC ALV 0001673834 Bratt Mikael C/O AUTOLIV, INC. KLARABERGSVIADUKTEN 70, SECTION B7 STOCKHOLM V7 SE-111 64 SWEDEN 1 1 0 0 See Remarks Common Stock 2022-02-18 4 M 0 1870 0.00 A 7935 D Common Stock 2022-02-21 4 M 0 7293 0.00 A 15228 D Common Stock 2022-02-23 4 S 0 935 97.33 D 14293 D Restricted Stock Unit 0.00 2022-02-18 4 M 0 1870.5541 0.00 D 2022-02-18 2022-02-18 Common Stock 1870.5541 0 D Performance-Based Restricted Stock Units (2019 Grant) 0.00 2022-02-21 4 M 0 7293.7779 0.00 D 2022-02-21 2022-02-21 Common Stock 7293.7779 0 D Performance-Based Restricted Stock Units (2021 Grant) 0.00 2022-02-21 4 A 0 2476.9405 0.00 A Common Stock 2476.9405 2476.9405 D Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of ALV common stock. Fractional RSUs are rounded down to the nearest whole number at vesting, the fractional amount is forfeited. 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. 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. 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. Sale to cover taxes made pursuant to a 10b5-1 trading plan. President and Chief Executive Officer /s/ Brian Kelly as attorney-in-fact 2022-02-23