4//SEC Filing
Heffron Timothy J. 4
Accession 0001113256-19-000113
CIK 0001113256other
Filed
Dec 2, 7:00 PM ET
Accepted
Dec 3, 4:30 PM ET
Size
27.4 KB
Accession
0001113256-19-000113
Insider Transaction Report
Form 4
MERITOR, INC.MTOR
Heffron Timothy J.
VP, HR & CIO
Transactions
- Exercise/Conversion
Common Stock
2019-12-01+39,854→ 76,653 total - Exercise/Conversion
Common Stock
2019-12-01+18,324→ 94,977 total - Exercise/Conversion
Restricted Share Units
2019-12-01−39,854→ 0 totalExercise: $0.00→ Common Stock (39,854 underlying) - Exercise/Conversion
Common Stock
2019-12-01+5,058→ 36,799 total - Sale
Common Stock
2019-12-02$24.73/sh−28,217$697,931→ 66,760 total - Sale
Common Stock
2019-12-03$23.92/sh−35,019$837,563→ 31,741 total - Exercise/Conversion
Restricted Share Units
2019-12-01−5,058→ 0 totalExercise: $0.00→ Common Stock (5,058 underlying) - Exercise/Conversion
Restricted Share Units
2019-12-01−18,324→ 0 totalExercise: $0.00→ Common Stock (18,324 underlying) - Award
Restricted Share Units
2019-12-01+10,614→ 10,614 totalExercise: $0.00→ Common Stock (10,614 underlying)
Holdings
- 9,439
Restricted Share Units
Exercise: $0.00→ Common Stock (9,439 underlying) - 11,555(indirect: Meritor Savings Plan)
Common Stock
- 16,000
Restricted Share Units
Exercise: $0.00→ Common Stock (16,000 underlying)
Footnotes (8)
- [F1]Reflects vesting of Restricted Share Units ("RSUs") on December 1, 2019.
- [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 $24.33 to $25.52, 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]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $23.67 to $24.35, inclusive. The reporting person undertakes to provide to 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.
- [F5]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, 2019.
- [F6]Acquisition of RSUs as equity compensation. The date of grant of the RSUs was December 1, 2019. 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, 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.
- [F8]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.
Issuer
MERITOR, INC.
CIK 0001113256
Entity typeother
Related Parties
1- filerCIK 0001641701
Filing Metadata
- Form type
- 4
- Filed
- Dec 2, 7:00 PM ET
- Accepted
- Dec 3, 4:30 PM ET
- Size
- 27.4 KB