4//SEC Filing
Nowlan Kevin 4
Accession 0001113256-18-000132
CIK 0001113256other
Filed
Dec 3, 7:00 PM ET
Accepted
Dec 4, 6:32 PM ET
Size
22.7 KB
Accession
0001113256-18-000132
Insider Transaction Report
Form 4
MERITOR INCMTOR
Nowlan Kevin
Controller
Transactions
- Exercise/Conversion
Common Stock
2018-12-01+87,345→ 140,500 total - Sale
Common Stock
2018-12-03$16.09/sh−58,035$934,021→ 114,815 total - Exercise/Conversion
Restricted Share Units
2018-12-01−32,350→ 0 totalExercise: $0.00→ Common Stock (32,350 underlying) - Exercise/Conversion
Common Stock
2018-12-01+32,350→ 172,850 total - Exercise/Conversion
Restricted Share Units
2018-12-01−87,345→ 0 totalExercise: $0.00→ Common Stock (87,345 underlying) - Exercise/Conversion
Common Stock
2018-12-01+9,705→ 53,155 total - Exercise/Conversion
Restricted Share Units
2018-12-01−9,705→ 0 totalExercise: $0.00→ Common Stock (9,705 underlying) - Award
Restricted Share Units
2018-12-01+26,666→ 26,666 totalExercise: $0.00→ Common Stock (26,666 underlying)
Holdings
- 30,227
Restricted Share Units
Exercise: $0.00→ Common Stock (30,227 underlying) - 15,570
Restricted Share Units
Exercise: $0.00→ Common Stock (15,570 underlying) - 2,626
Restricted Share Units
Exercise: $0.00→ Common Stock (2,626 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 $15.67 to $16.98, 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]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.
- [F5]The date of grant of the RSUs was April 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 0001506074
Filing Metadata
- Form type
- 4
- Filed
- Dec 3, 7:00 PM ET
- Accepted
- Dec 4, 6:32 PM ET
- Size
- 22.7 KB