Heffron Timothy J. 4
4 · MERITOR, INC. · Filed Feb 5, 2020
Insider Transaction Report
Form 4
MERITOR, INC.MTOR
Heffron Timothy J.
VP, HR & CIO
Transactions
- Award
Restricted Share Units
2020-02-03+22,163→ 22,163 totalExercise: $0.00→ Common Stock (22,163 underlying)
Holdings
- 16,000
Restricted Share Units
Exercise: $0.00→ Common Stock (16,000 underlying) - 9,439
Restricted Share Units
Exercise: $0.00→ Common Stock (9,439 underlying) - 31,741
Common Stock
- 10,614
Restricted Share Units
Exercise: $0.00→ Common Stock (10,614 underlying) - 11,555(indirect: Meritor Savings Plan)
Common Stock
Footnotes (5)
- [F1]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 February 3, 2020.
- [F2]Acquisition of Restricted Share Units ("RSUs") as equity compensation. The date of grant of the RSUs was February 3, 2020. 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.
- [F3]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.
- [F4]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.