4//SEC Filing
Hogan Ken 4
Accession 0001113256-21-000140
CIK 0001113256other
Filed
Dec 2, 7:00 PM ET
Accepted
Dec 3, 4:45 PM ET
Size
21.0 KB
Accession
0001113256-21-000140
Insider Transaction Report
Form 4
MERITOR, INC.MTOR
Hogan Ken
SVP & Pres. Truck, EUR & APAC
Transactions
- Award
Restricted Share Units
2021-12-01+10,916→ 10,916 totalExercise: $0.00→ Common Stock (10,916 underlying) - Exercise/Conversion
Restricted Share Units
2021-12-01−3,581→ 0 totalExercise: $0.00→ Common Stock (3,581 underlying) - Exercise/Conversion
Common Stock
2021-12-01+3,581→ 19,628 total - Sale
Common Stock
2021-12-02$25.21/sh−4,244$107,008→ 21,808 total - Exercise/Conversion
Common Stock
2021-12-01+6,424→ 26,052 total - Exercise/Conversion
Restricted Share Units
2021-12-01−6,424→ 0 totalExercise: $0.00→ Common Stock (6,424 underlying)
Holdings
- 1,584
Restricted Share Units
Exercise: $0.00→ Common Stock (1,584 underlying) - 1,854
Restricted Share Units
Exercise: $0.00→ Common Stock (1,854 underlying) - 10,537
Restricted Share Units
Exercise: $0.00→ Common Stock (10,537 underlying) - 6,855
Restricted Share Units
Exercise: $0.00→ Common Stock (6,855 underlying)
Footnotes (8)
- [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 $24.79 to $25.74, 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 May 6, 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.
- [F6]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.
- [F7]The date of grant of the RSUs was May 4, 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.
- [F8]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.
Documents
Issuer
MERITOR, INC.
CIK 0001113256
Entity typeother
Related Parties
1- filerCIK 0001847093
Filing Metadata
- Form type
- 4
- Filed
- Dec 2, 7:00 PM ET
- Accepted
- Dec 3, 4:45 PM ET
- Size
- 21.0 KB