Plomin Joseph A. 4
4 · MERITOR, INC. · Filed Nov 8, 2019
Insider Transaction Report
Form 4
MERITOR, INC.MTOR
Plomin Joseph A.
Pres., International
Transactions
- Award
Restricted Share Units
2019-11-06+6,700→ 6,700 totalExercise: $0.00→ Common Stock (6,700 underlying)
Holdings
- 111,144
Common Stock
- 12,908
Restricted Share Units
Exercise: $0.00→ Common Stock (12,908 underlying) - 19,393
Restricted Share Units
Exercise: $0.00→ Common Stock (19,393 underlying) - 24,276
Restricted Share Units
Exercise: $0.00→ Common Stock (24,276 underlying) - 52,798
Restricted Share Units
Exercise: $0.00→ Common Stock (52,798 underlying)
Footnotes (5)
- [F1]Acquisition of Restricted Share Units ("RSUs") as equity compensation following satisfaction of the performance criteria applicable thereto. Each RSU represents the right to receive one share of common stock of Meritor, Inc. (the "Company") or its cash equivalent upon the vesting date, which occurs at the earlier of December 1, 2019 or upon termination of employment with the Company under certain circumstances.
- [F2]The date of the acquisition of the RSUs was September 26, 2019 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 December 1, 2019 or upon termination of employment with the Company under certain circumstances.
- [F3]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.
- [F4]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.
- [F5]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.