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