SEC Form 4 · accession 0000899243-19-004183
AUTOLIV INC · ALV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brad Murray
Officer — President, Autoliv Asia
Period of report
Feb 15, 2019
Accepted (ET)
Feb 20, 2019 · 7:34 am 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 15, 2019 | M | 652 | $0.00 | A | 652 | D | |
| Common Stock | Feb 15, 2019 | F | 226 | $78.23 | D | 426 | D | |
| Common Stock | Feb 15, 2019 | M | 158 | $0.00 | A | 584 | D | |
| Common Stock | Feb 15, 2019 | F | 55 | $78.23 | D | 529 | 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 UnitF1,F3,F2,F4 | — | Feb 15, 2019 | M | 653 | D | Feb 15, 2019 | Feb 15, 2019 | Common Stock | 653 | 0 | D |
| Restricted Stock UnitF3,F2,F5 | — | Feb 15, 2019 | M | 159 | D | Feb 15, 2019 | Feb 15, 2019 | Common Stock | 159 | 0 | D |
| Restricted Stock UnitF2,F4 | — | Feb 18, 2019 | A | 639 | A | Feb 18, 2022 | Feb 18, 2022 | Common Stock | 639 | 639 | D |
Explanation of responses
- F1Reflects performance shares that converted to restricted stock unit (RSUs) in connection with the spin-off of the issuer's wholly-owned subsidiary Veoneer, Inc. on June 29, 2018.
- F2Each RSU represents a contingent right to receive one share of ALV common stock.
- F3Fractional RSUs are rounded down to the nearest whole number at vesting. The fractional amount is forfeited.
- F4The RSUs vest and convert to shares in one installment on the third anniversary of the grant date.
- F5The RSUs vest and convert to shares in three approximately equal installments on each of the first, second, and third anniversaries of the grant date. This is the final installment.