Plomin Joseph A. 4
4 · MERITOR INC · Filed Dec 4, 2018
Insider Transaction Report
Form 4
MERITOR INCMTOR
Plomin Joseph A.
Pres., International
Transactions
- Exercise/Conversion
Common Stock
2018-12-01+54,975→ 139,073 total - Exercise/Conversion
Restricted Share Units
2018-12-01−6,109→ 0 totalExercise: $0.00→ Common Stock (6,109 underlying) - Exercise/Conversion
Restricted Share Units
2018-12-01−54,975→ 0 totalExercise: $0.00→ Common Stock (54,975 underlying) - Exercise/Conversion
Common Stock
2018-12-01+6,109→ 84,098 total - Exercise/Conversion
Common Stock
2018-12-01+20,361→ 159,434 total - Exercise/Conversion
Restricted Share Units
2018-12-01−20,361→ 0 totalExercise: $0.00→ Common Stock (20,361 underlying) - Award
Restricted Share Units
2018-12-01+19,393→ 19,393 totalExercise: $0.00→ Common Stock (19,393 underlying) - Sale
Common Stock
2018-12-03$16.09/sh−36,727$590,985→ 122,707 total
Holdings
- 19,393
Restricted Share Units
Exercise: $0.00→ Common Stock (12,908 underlying) - 24,276
Restricted Share Units
Exercise: $0.00→ Common Stock (24,276 underlying)
Footnotes (6)
- [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 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 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 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.