0000899243-23-005417.txt : 20230217 0000899243-23-005417.hdr.sgml : 20230217 20230217132626 ACCESSION NUMBER: 0000899243-23-005417 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230215 FILED AS OF DATE: 20230217 DATE AS OF CHANGE: 20230217 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Lombarte Jordi CENTRAL INDEX KEY: 0001745190 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12933 FILM NUMBER: 23641585 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 2023-02-15 0 0001034670 AUTOLIV INC ALV 0001745190 Lombarte Jordi C/O AUTOLIV, INC. KLARABERGSVIADUKTEN 70, SECTION B7 STOCKHOLM V7 SE-111 64 SWEDEN 0 1 0 0 See Remarks Common Stock 2023-02-15 4 M 0 917 0.00 A 6021 D Common Stock 2023-02-15 4 F 0 309 89.86 D 5712 D Performance-Based Restricted Stock Units (2020 Grant) 0.00 2023-02-15 4 M 0 917.6286 0.00 D 2023-02-15 2023-02-15 Common Stock 917.6286 0 D Performance-Based Restricted Stock Units (2021 Grant) 0.00 2023-02-15 4 A 0 93.7123 0.00 A Common Stock 93.7123 550.5598 D Performance-Based Restricted Stock Units (2022 Grant) 0.00 2023-02-15 4 A 0 354.7809 0.00 A Common Stock 354.7809 354.7809 D Restricted Stock Unit 0.00 2023-02-15 4 A 0 556 0.00 A 2026-02-15 2026-02-15 Common Stock 556 556 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. PSU awards granted in February 2020 are comprised of a single three-year performance period (2020-2022) cliff vesting in February 2023, to the extent earned and subject to the reporting person's continued employment. Reflects the PSUs that were earned based on the level of achievement of pre-determined performance goals related to (i) Order Intake (30%), and (ii) Earnings Per Share Growth in relation to light vehicle production (70%). 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 second one-year performance period (January 1, 2022 - December 31, 2022) 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. PSU awards granted in February 2022 are comprised of three separate one-year performance periods for each of calendar years 2022, 2023 and 2024. All PSUs will vest following 2024, 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, 2022 - December 31, 2022) based on the level of achievement of pre-determined performance goals related to (i) Order Intake (25%), (ii) Earnings Per Share (60%), and Greenhouse Gas Emissions (15%). 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, 2024 and the Leadership Development and Compensation Committee's certification of the level of achievement of the applicable performance objectives. Executive Vice President and Chief Technology Officer /s/ Brian Kelly as attorney-in-fact 2023-02-17