Sec Form 4 Filing - Ericson Per Eric @ AUTOLIV INC - 2023-03-23

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Ericson Per Eric
2. Issuer Name and Ticker or Trading Symbol
AUTOLIV INC [ ALV]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
See Remarks
(Last) (First) (Middle)
C/O AUTOLIV, INC., KLARABERGSVIADUKTEN 70, SECTION B7
3. Date of Earliest Transaction (MM/DD/YY)
03/23/2023
(Street)
STOCKHOLM, V7SE-111 64
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit ( 1 ) 03/23/2023 A( 2 ) 11.0663 07/01/2023 07/01/2023 Common Stock 11.0663 $ 0 1,486.4021 D
Restricted Stock Unit ( 1 ) 03/23/2023 A( 2 ) 9.0477 ( 3 ) ( 3 ) Common Stock 9.0477 $ 0 1,215.2772 D
Performance-Based Restricted Stock Units (2021 Grant) ( 1 ) 03/23/2023 A( 2 ) 3.6163 ( 4 ) ( 4 ) Common Stock 3.6163 $ 0 485.7281 D
Restricted Stock Unit ( 1 ) 03/23/2023 A( 2 ) 3.8471 02/18/2024 02/18/2024 Common Stock 3.8471 $ 0 516.7321 D
Restricted Stock Unit ( 1 ) 03/23/2023 A( 2 ) 3.6184 02/21/2025 02/21/2025 Common Stock 3.6184 $ 0 486.0178 D
Performance-Based Restricted Stock Units (2022 Grant) ( 1 ) 03/23/2023 A( 2 ) 2.4605 ( 5 ) ( 5 ) Common Stock 2.4605 $ 0 330.4921 D
Restricted Stock Unit ( 1 ) 03/23/2023 A( 2 ) 3.8629 02/15/2026 02/15/2026 Common Stock 3.8629 $ 0 518.8629 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Ericson Per Eric
C/O AUTOLIV, INC.
KLARABERGSVIADUKTEN 70, SECTION B7
STOCKHOLM, V7SE-111 64
See Remarks
Signatures
/s/ Brian Kelly as attorney-in-fact 03/27/2023
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Each restricted stock unit (RSU) represents a contingent right to receive one share of ALV common stock.
( 2 )Dividend equivalent rights accrued in the form of additional RSUs. Per the award agreement, cash dividends with a record date on or after the grant date and paid on or before the vesting date yield additional RSUs subject to the same vesting schedule as the underlying RSUs.
( 3 )The RSUs vest in three approximately equal installments on each of the first, second and third anniversaries of the July 1, 2020 grant date, subject to the reporting person's continued employment with the issuer on each such date.
( 4 )The PSUs, as adjusted if necessary, vest and convert to shares in one installment after the completion of the third one-year performance period ending December 31, 2023 and the Leadership Development and Compensation Committee's certification of the level of achievement of the applicable performance objectives.
( 5 )The PSUs, as adjusted if necessary, vest and convert to shares in one installment after the completion of the third one-year performance period ending December 31, 2024 and the Leadership Development and Compensation Committee's certification of the level of achievement of the applicable performance objectives.

Remarks:
Executive Vice President, Human Resources and Sustainability

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