0000899243-22-038182.txt : 20221212
0000899243-22-038182.hdr.sgml : 20221212
20221212092340
ACCESSION NUMBER: 0000899243-22-038182
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20221209
FILED AS OF DATE: 20221212
DATE AS OF CHANGE: 20221212
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Westin Fredrik
CENTRAL INDEX KEY: 0001805593
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-12933
FILM NUMBER: 221456363
MAIL ADDRESS:
STREET 1: C/O AUTOLIV, INC. KLABERGSVIADUKTEN 70
STREET 2: SECTION B7
CITY: STOCKHOLM
STATE: V7
ZIP: 11 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
2022-12-09
0
0001034670
AUTOLIV INC
ALV
0001805593
Westin Fredrik
C/O AUTOLIV, INC.
KLARABERGSVIADUKTEN 70, SECTION B7
STOCKHOLM
V7
SE-111 64
SWEDEN
0
1
0
0
See Remarks
Restricted Stock Unit
2022-12-09
4
A
0
17.9881
0.00
A
2023-03-02
2023-03-02
Common Stock
17.9881
2194.008
D
Restricted Stock Unit
2022-12-09
4
A
0
6.6882
0.00
A
2023-03-02
2023-03-02
Common Stock
6.6882
815.7615
D
Restricted Stock Unit
2022-12-09
4
A
0
6.0047
0.00
A
2024-02-18
2024-02-18
Common Stock
6.0047
732.3913
D
Performance-Based Restricted Stock Units (2021 Grant)
2022-12-09
4
A
0
4.6837
0.00
A
Common Stock
4.6837
571.2652
D
Restricted Stock Unit
2022-12-09
4
A
0
5.9835
0.00
A
2025-02-21
2025-02-21
Common Stock
5.9835
729.8102
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. 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.
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.
Executive Vice President, Finance and Chief Financial Officer
/s/ Brian Kelly as attorney-in-fact
2022-12-12