SEC Form 4 · accession 0001209191-15-018067
AUTOLIV INC · ALV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven R Fredin
Officer — See Remarks
Period of report
Feb 22, 2015
Accepted (ET)
Feb 24, 2015 · 7:25 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 22, 2015 | M | 1,533 | $0.00 | A | 3,866 | D | |
| Common Stock | Feb 24, 2015 | M | 4,106 | $72.95 | A | 7,972 | D | |
| Common StockF2 | Feb 23, 2015 | F | 504 | $112.90 | D | 7,468 | D | |
| Common StockF3 | Feb 24, 2015 | S | 4,106 | $112.80 | D | 3,362 | 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 UnitF5,F4 | — | Feb 22, 2015 | M | 1,533 | D | Feb 22, 2015 | Feb 22, 2015 | Common Stock | 1,533 | 0 | D |
| Employee Stock Option (right to buy) | $72.95 | Feb 24, 2015 | M | 4,106 | D | Feb 22, 2012 | Feb 22, 2021 | Common Stock | 4,106 | 0 | D |
Explanation of responses
- F1The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on February 4, 2015.
- 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 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 $112.54 to $113.31. 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 the weighted average sale price. The 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 reporting person reported on a single line all such transactions that occurred within a one dollar price range. 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. The range of prices for such transaction is $112.78 to $112.84.
- F4Each restricted stock unit represents a contingent right to receive one share of ALV common stock.
- F5The restricted stock units were granted under the Company's Stock Incentive Plan of 1997, as amended, at no cost to the reporting person.
Remarks
Group VP Sales & Engineering