4//SEC Filing
Heffron Timothy J. 4
Accession 0001113256-18-000130
CIK 0001113256other
Filed
Dec 3, 7:00 PM ET
Accepted
Dec 4, 6:31 PM ET
Size
22.2 KB
Accession
0001113256-18-000130
Insider Transaction Report
Form 4
MERITOR INCMTOR
Heffron Timothy J.
VP, HR & CIO
Transactions
- Exercise/Conversion
Restricted Share Units
2018-12-01−16,745→ 0 totalExercise: $0.00→ Common Stock (16,745 underlying) - Exercise/Conversion
Restricted Share Units
2018-12-01−45,214→ 0 totalExercise: $0.00→ Common Stock (45,214 underlying) - Exercise/Conversion
Common Stock
2018-12-01+45,214→ 81,979 total - Sale
Common Stock
2018-12-03$16.09/sh−30,043$483,494→ 68,681 total - Award
Restricted Share Units
2018-12-01+16,000→ 16,000 totalExercise: $0.00→ Common Stock (16,000 underlying) - Exercise/Conversion
Common Stock
2018-12-01+16,745→ 98,724 total - Exercise/Conversion
Common Stock
2018-12-01+5,024→ 36,765 total - Exercise/Conversion
Restricted Share Units
2018-12-01−5,024→ 0 totalExercise: $0.00→ Common Stock (5,024 underlying)
Holdings
- 18,324
Restricted Share Units
Exercise: $0.00→ Common Stock (18,324 underlying) - 11,555(indirect: Meritor Savings Plan)
Common Stock
- 9,439
Restricted Share Units
Exercise: $0.00→ Common Stock (9,439 underlying)
Footnotes (7)
- [F1]Reflects vesting of Restricted Share Units ("RSUs") on December 1, 2018.
- [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 $15.66 to $17.08, inclusive. The reporting person undertakes to provide to Meritor, Inc. (the "Company"), any security holder of 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 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, 2018.
- [F5]Acquisition of RSUs as equity compensation. The date of grant of the RSUs was December 1, 2018. 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 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.
- [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.
Documents
Issuer
MERITOR INC
CIK 0001113256
Entity typeother
Related Parties
1- filerCIK 0001641701
Filing Metadata
- Form type
- 4
- Filed
- Dec 3, 7:00 PM ET
- Accepted
- Dec 4, 6:31 PM ET
- Size
- 22.2 KB