SEC Form 4 · accession 0000899243-19-004211
AUTOLIV INC · ALV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Svante Mogefors
Officer — See Remarks
Period of report
Feb 15, 2019
Accepted (ET)
Feb 20, 2019 · 1:45 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 15, 2019 | M | 1,226 | $0.00 | A | 11,757 | D | |
| Common Stock | Feb 15, 2019 | M | 298 | $0.00 | A | 12,055 | D | |
| Common StockF2 | Feb 20, 2019 | S | 1,524 | $80.69 | D | 10,531 | 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 UnitF3,F5,F4,F6 | — | Feb 15, 2019 | M | 1,227 | D | Feb 15, 2019 | Feb 15, 2019 | Common Stock | 1,227 | 0 | D |
| Restricted Stock UnitF5,F4,F7 | — | Feb 15, 2019 | M | 298 | D | Feb 15, 2019 | Feb 15, 2019 | Common Stock | 298 | 0 | D |
| Restricted Stock UnitF4,F6 | — | Feb 18, 2019 | A | 850 | A | Feb 18, 2022 | Feb 18, 2022 | Common Stock | 850 | 850 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on August 28, 2018.
- F2The 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 $80.52 to $80.98. 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.
- F3Reflects performance shares that converted to restricted stock units (RSUs) in connection with the spin-off of the issuer's wholly-owned subsidiary Veoneer, Inc. on June 29, 2018.
- F4Each RSU represents a contingent right to receive one share of ALV common stock.
- F5Fractional RSUs are rounded down to the nearest whole number at vesting. The fractional amount is forfeited.
- F6The RSUs vest and convert to shares in one installment on the third anniversary of the grant date.
- F7The 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.
Remarks
Executive Vice President, Quality