Autoliv CEO Carlson Exercises Options, Increases Stake In Co. - Quick Facts

(RTTNews) - Automotive safety systems supplier Autoliv, Inc.'s (ALV) Chief Executive, Jan Carlson, on November 13 and 14, 2014, exercised stock options for the purchase of 112,175 shares of Autoliv common stock. He sold 90,175 of these shares and held the remaining 22,000 shares. The proceeds from these transactions would be mainly used by Carlson to cover Swedish taxes, to pay the option exercise prices and for other transaction expenses. The transactions were executed pursuant to a stock trading plan in accordance with Rule 10b5-1 under the Securities and Exchange Act of 1934, as amended, and consistent with the Company's policies on sales by executives.

By retaining 22,000 shares from the transactions that occurred on November 13 and 14, 2014, Carlson raised his aggregate holdings to 77,861 shares of Autoliv common stock.