Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Filing Details

Accession Number:
0000899243-18-023714
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-09-04 16:11:41
Reporting Period:
2018-08-31
Accepted Time:
2018-09-04 16:11:41
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1034670 Autoliv Inc ALV Motor Vehicle Parts & Accessories (3714) 510378542
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1321553 Jan Carlson Klarabergsviadukten 70, Section C6
Stockholm V7 SE-111 64
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2018-08-31 42,589 $89.53 53,579 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Restricted Stock Unit $0.00 2019-02-15 2019-02-15 1,112 1,112 Direct
Common Stock Restricted Stock Unit $0.00 2019-02-15 2019-02-15 4,570 4,570 Direct
Common Stock Restricted Stock Unit $0.00 2020-02-19 2020-02-19 3,378 3,378 Direct
Common Stock Restricted Stock Unit $0.00 2020-02-19 2020-02-19 2,331 2,331 Direct
Common Stock Restricted Stock Unit $0.00 2021-02-13 2021-02-13 5,160 5,160 Direct
Common Stock Employee Stock Option (right to buy) $67.29 2015-02-19 2024-02-19 9,750 9,750 Direct
Common Stock Employee Stock Option (right to buy) $80.40 2016-02-16 2025-02-16 8,976 8,976 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2019-02-15 1,112 1,112 Direct
2019-02-15 4,570 4,570 Direct
2020-02-19 3,378 3,378 Direct
2020-02-19 2,331 2,331 Direct
2021-02-13 5,160 5,160 Direct
2024-02-19 9,750 9,750 Direct
2025-02-16 8,976 8,976 Direct
Footnotes
  1. The reporting person effected multiple same-way open market purchase transactions on the same day at different prices through a trade order executed by a broker dealer. The price in the table reflects the weighted average purchase price. The range of prices for such transactions for the reporting person is $89.31 to $89.72. 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 purchased at each separate price.
  2. Each restricted stock unit (RSU) represents a contingent right to receive one share of ALV common stock.
  3. As reported in the Registration Statement on Form 10 filed by Veoneer, Inc. ("VNE") with the SEC, in connection with the distribution by ALV of 100% of the outstanding shares of common stock of VNE on a pro rata basis to ALV stockholders on June 29, 2018 (the "Spin-off"), stock-based awards granted by ALV prior to the Spin-off were converted into adjusted stock-based awards relating to both shares of ALV and VNE common stock. With certain limited exceptions, the adjusted awards are subject to the same or equivalent vesting conditions and other terms that applied to the applicable original ALV award immediately before the Spin-off. For each holder of a stock option or RSU, 50% of the outstanding stock award value, as calculated immediately prior to the spin-off, was converted to a stock option or RSU, as applicable, of VNE, and 50% of a stock option or RSU, as applicable, of ALV, with an adjustment to the number of shares and, in the case of stock options, exercise price,
  4. (Continued from footnote 3) as required to preserve the value inherent in the stock award before and after the distribution. Outstanding performance shares were converted to RSUs of both AVL and VNE as described above, with the number of performance shares so converting determined based on: (i) for the period between the beginning of the performance period and December 31, 2017, the actual level of performance measured as of December 31, 2017; and (ii) for the period following December 31, 2017 and the last day of the applicable performance period, actual performance measured as of December 31, 2017, or target level performance, whichever was greater. The conversion and adjustment described herein is referred to as the "Spin-off Conversion and Adjustment."
  5. The number of RSUs held following the Spin-off Conversion and Adjustment.
  6. RSUs received in connection with the Spin-Off Conversion and Adjustment of performance shares granted by ALV on February 15, 2016.
  7. RSUs received in connection with the Spin-Off Conversion and Adjustment of performance shares granted by ALV on February 19, 2017.
  8. The number of stock options held following the Spin-Off Conversion and Adjustment.