Bialy Paul 4
4 · MERITOR, INC. · Filed Dec 3, 2021
Insider Transaction Report
Form 4
MERITOR, INC.MTOR
Bialy Paul
VP, Controller & PAO
Transactions
- Exercise/Conversion
Common Stock
2021-12-01+3,581→ 31,867 total - Sale
Common Stock
2021-12-02$25.25/sh−2,664$67,263→ 31,627 total - Exercise/Conversion
Restricted Share Units
2021-12-01−2,424→ 0 totalExercise: $0.00→ Common Stock (2,424 underlying) - Exercise/Conversion
Common Stock
2021-12-01+2,424→ 34,291 total - Exercise/Conversion
Restricted Share Units
2021-12-01−3,581→ 0 totalExercise: $0.00→ Common Stock (3,581 underlying) - Award
Restricted Share Units
2021-12-01+1,950→ 1,950 totalExercise: $0.00→ Common Stock (1,950 underlying)
Holdings
- 5,980
Restricted Share Units
Exercise: $0.00→ Common Stock (5,980 underlying) - 1,854
Restricted Share Units
Exercise: $0.00→ Common Stock (1,854 underlying)
Footnotes (6)
- [F1]Reflects vesting of Restricted Share Units ("RSUs") on December 1, 2021.
- [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 $24.80 to $25.76, 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, 2021. 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, 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.
- [F6]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.