FORM 4
( x ) Check this box if no longer
subject to Section 16. Form 4
or Form 5 obligations may continue.
See Instruction 1(b).
U.S. SECURITIES AND EXCHANGE COMMISSION _____________________
WASHINGTON, D.C. 20549 | OMB APPROVAL |
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP |_____________________|
|OMB NUMBER: 3235-0287|
|EXPIRES: |
| SEPTEMBER 30, 1998 |
Filed pursuant to Section 16(a) of the |ESTIMATED AVERAGE |
Securities Exchange Act of 1934, |BURDEN HOURS |
Section 17(a) of the Public Utility |PER RESPONSE 0.5 |
Holding Company Act of 1935 |_____________________|
or Section 30(f) of the Investment
Company Act of 1940
____________________________________________________________________________
1. Name and Address of Reporting Person
Per Hakan Osvald
c/o Autoliv, Inc.
World Trade Center, Klarabergsviadukten 70
S-107 24 Stockholm, Sweden
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2. Issuer Name and Ticker or Trading Symbol
Autoliv, Inc. Trading Symbol - ALV
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3. IRS OR SOCIAL SECURITY NUMBER OF REPORTING PERSON (VOLUNTARY)
____________________________________________________________________________
4. Statement for Month/Year
May 1997
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5. If Amendment, Date of Original (Month/Year)
____________________________________________________________________________
6. Relationship of reporting person to Issuer (Check all applicable)
( X ) DIRECTOR
( ) 10% OWNER
( ) OFFICER (GIVE TITLE BELOW)
( ) OTHER (SPECIFY TITLE BELOW)
_____________________________________________________
____________________________________________________________________________
7. Individual, or Joint/Group Filing (Check all applicable)
( x ) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
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TABLE I
Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1. Title of Security (Instr. 3)
Common Stock, par value $1.00 per share
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2. Transaction Date (Month/Day/Year)
May 1, 1997
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3. Transaction Code (Instr. 8)
K
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)
A
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5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
400
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6. Ownership Form: Direct(D) or Indirect(I) (Instr. 4)
D
____________________________________________________________________________
7. Nature of Indirect Beneficial Ownership (Instr. 4)
____________________________________________________________________________
Reminder: Report on a separate line for each class of securities
beneficially owned directly or indirectly.
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TABLE II
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., Puts, Calls, Warrants, Options, Convertible securities)
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1. Title of Derivative Security (Instr. 3)
____________________________________________________________________________
2. Conversion or Exercise Price of Derivative Security
____________________________________________________________________________
3. Transaction Date (Month/Day/Year)
____________________________________________________________________________
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 (Month/Day/Year)
____________________________________________________________________________
7. Title and Amount of Underlying Securities (Instr. 3 and 4)
____________________________________________________________________________
8. Price of Derivative Securities (Instr. 5)
____________________________________________________________________________
9. Number of Derivative Securities Beneficially Owned at End of Month
(Instr. 4)
____________________________________________________________________________
10. Ownership Form of Derivative Security: Direct(D) or Indirect(I)
(Instr. 4)
____________________________________________________________________________
11. Nature of Indirect Beneficial Ownership (Instr. 4)
____________________________________________________________________________
EXPLANATION OF RESPONSES:
On May 1, 1997, pursuant to the Combination Agreement, dated as of
November 25, 1996, by and among Autoliv AB, a corporation organized under
the laws of the Kingdom of Sweden ("Autoliv"), Morton International, Inc.,
an Indiana corporation, Autoliv, Inc., a Delaware corporation ("New
Autoliv"), and ASP Merger Sub Inc., a Delaware corporation, New Autoliv
conducted an exchange offer (the "Exchange Offer") for all of the issued
and outstanding shares of common stock, par value Swedish kronor 10 per
share, of Autoliv (the "Autoliv Common Stock") and American Depositary
Shares each representing one share of Autoliv Common Stock, in return for
shares of common stock, par value $1.00 per share of New Autoliv ("New
Autoliv Common Stock"). In the Exchange Offer, Per Hakan Osvald received
400 shares of New Autoliv Common Stock. On April 30, 1997, Per Hakan
Osvald resigned as director of New Autoliv.
/s/ Per Hakan Osvald 06/10/97
** SIGNATURE OF REPORTING PERSON DATE
_____________________________
** INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACTS CONSTITUTE FEDERAL
CRIMINAL VIOLATIONS. SEE 18 U.S.C. 1001 AND 15 U.S.C. 78FF(A).
