4//SEC Filing
Speed Robert H. 4
Accession 0001113256-17-000145
CIK 0001113256other
Filed
Dec 4, 7:00 PM ET
Accepted
Dec 5, 4:18 PM ET
Size
23.6 KB
Accession
0001113256-17-000145
Insider Transaction Report
Form 4
MERITOR INCMTOR
Speed Robert H.
Pres., Aftmkt & Trailer, CPO
Transactions
- Exercise/Conversion
Restricted Share Units
2017-12-01−19,913→ 0 totalExercise: $0.00→ Common Stock (19,913 underlying) - Exercise/Conversion
Common Stock
2017-12-01+19,913→ 57,398 total - Sale
Common Stock
2017-12-04$24.64/sh−12,767$314,588→ 44,631 total - Exercise/Conversion
Restricted Share Units
2017-12-01−7,485→ 0 totalExercise: $0.00→ Common Stock (7,485 underlying) - Award
Restricted Share Units
2017-12-01+12,908→ 12,908 totalExercise: $0.00→ Common Stock (12,908 underlying) - Exercise/Conversion
Common Stock
2017-12-01+7,485→ 37,485 total
Holdings
- 74,922(indirect: Meritor Savings Plan)
Common Stock
- 24,276
Restricted Share Units
Exercise: $0.00→ Common Stock (24,276 underlying) - 1,623
Restricted Share Units
Exercise: $0.00→ Common Stock (1,623 underlying) - 1,065
Restricted Share Units
Exercise: $0.00→ Common Stock (1,065 underlying) - 30,185(indirect: Meritor Supplemental Savings Plan)
Common Stock Share Equivalents
Exercise: $0.00→ Common Stock (30,185 underlying) - 20,361
Restricted Share Units
Exercise: $0.00→ Common Stock (20,361 underlying)
Footnotes (10)
- [F1]Reflects vesting of Restricted Share Units ("RSUs") on December 1, 2017.
- [F10]Share equivalents related to Meritor common stock held under the Meritor, Inc. Supplemental Savings Plan, based on information furnished by the plan administrator as of December 1, 2017.
- [F2]The sales reported in this Form 4 were effected to cover tax withholding obligations upon vesting of RSUs.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $24.28 to $25.32, 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.
- [F4]Shares purchased periodically and held in the Company common stock funds in an employee benefit trust fund established under the Meritor, Inc. Savings Plan, based on information furnished by the plan administrator as of December 1, 2017.
- [F5]Acquisition of RSUs as equity compensation. The date of grant of the RSUs was December 1, 2017. Each RSU represents the right to receive one share of common stock of the Company or its cash equivalent upon the vesting date, which occurs at the earlier of three years from the date of grant or upon termination of employment with the Company under certain circumstances.
- [F6]The date of acquisition of the RSUs was November 1, 2017 following satisfaction of the performance criteria applicable thereto. Each RSU represents the right to receive one share of common stock of the Company or its cash equivalent upon the vesting date, which occurs at the earlier of August 1, 2018 or upon termination of employment with the Company under certain circumstances.
- [F7]The date of grant of the RSUs was December 1, 2016. Each RSU represents the right to receive one share of common stock of the Company or its cash equivalent upon the vesting date, which occurs at the earlier of three years from the date of grant or upon termination of employment with the Company under certain circumstances.
- [F8]The date of grant of the RSUs was December 1, 2015. Each RSU represents the right to receive one share of common stock of the Company or its cash equivalent upon the vesting date, which occurs at the earlier of three years from the date of grant or upon termination of employment with the Company under certain circumstances.
- [F9]The date of grant of the RSUs was August 1, 2015. Each RSU represents the right to receive one share of common stock of the Company or its cash equivalent upon the vesting date, which occurs at the earlier of three years from the date of grant or upon termination of employment with the Company under certain circumstances.
Documents
Issuer
MERITOR INC
CIK 0001113256
Entity typeother
Related Parties
1- filerCIK 0001641729
Filing Metadata
- Form type
- 4
- Filed
- Dec 4, 7:00 PM ET
- Accepted
- Dec 5, 4:18 PM ET
- Size
- 23.6 KB