SEC Form 4 · accession 0000899243-17-004958
AUTOLIV INC · ALV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Johan Lofvenholm
Officer — President, Electronics
Period of report
Feb 19, 2017
Accepted (ET)
Feb 22, 2017 · 5:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001034670
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 19, 2017 | M | 1,322 | $0.00 | A | 3,798 | D | |
| Common StockF1 | Feb 22, 2017 | S | 876 | $104.45 | D | 2,922 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2,F3 | — | Feb 19, 2017 | M | 1,322 | D | Feb 19, 2017 | Feb 19, 2017 | Common Stock | 1,322 | 0 | D |
| Restricted Stock UnitF2,F3 | — | Feb 19, 2017 | A | 1,878 | A | Feb 19, 2020 | Feb 19, 2020 | Common Stock | 1,878 | 1,878 | D |
Explanation of responses
- F1The reporting person effected multiple same-way open market sale transactions on the same day at different prices through a trade order executed by a broker dealer. The broker aggregated all shares to be sold by all Autoliv, Inc. employees on such date and sold them in multiple blocks. The price in the table reflects the weighted average sale price of such block trades on such date. The potential range of prices for such transactions for the reporting person is $104.43 to $104.47. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a shareholder of the issuer, full information regarding the number of shares sold at each separate price.
- F2Each restricted stock unit represents a contingent right to receive one share of ALV common stock.
- F3The restricted stock units vest and convert to shares in one installment on the third anniversary of the grant date.