MERITOR INC 4

4 · MERITOR INC · Filed Dec 5, 2016

Form 4

Period: 2016-12-01

Director

Transactions

Disposition to Issuer
Common Stock
2016-12-01−87,578→ 574,835 total
Exercise/Conversion
Restricted Share Units
2016-12-01−587,578→ 0 total
Exercise: $0.00→ Common Stock (587,578 underlying)
Exercise/Conversion
Common Stock
2016-12-01+587,578→ 662,413 total
Sale
Common Stock
2016-12-02$12.44/sh−238,077$2,962,440→ 336,758 total

Footnotes (5)

[F1]Reflects vesting on December 1, 2016 of 587,578 Restricted Share Units ("RSUs").
[F2]Settlement in cash of RSUs that vested upon satisfaction of the performance criteria and service criteria applicable thereto.
[F3]The sales reported in this Form 4 were effected to cover tax withholding obligations upon vesting of 500,000 RSUs.
[F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $12.23 to $12.70, inclusive. The reporting person undertakes to provide to Meritor, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
[F5]Includes 8,823 shares of Restricted Shares held by the Company to implement restrictions on transfer unless and until certain conditions are met.

Documents

1 file