4//SEC Filing
MERITOR INC 4
Accession 0001206774-17-000357
CIK 0001113256operating
Filed
Feb 6, 7:00 PM ET
Accepted
Feb 7, 12:04 PM ET
Size
9.6 KB
Accession
0001206774-17-000357
Insider Transaction Report
Form 4
MERITOR INCMTOR
EVANS IVOR J
Director
Transactions
- Exercise/Conversion
Common Stock
2017-02-03$8.22/sh+233,333$1,917,997→ 576,762 total - Exercise/Conversion
Employee Stock Option (right to buy)
2017-02-03−233,333→ 0 totalExercise: $8.22Exp: 2018-09-11→ Common Stock (233,333 underlying) - Sale
Common Stock
2017-02-03$15.00/sh−160,925$2,413,955→ 415,837 total
Footnotes (4)
- [F1]The sales reported in this Form 4 were effected to cover the exercise price and tax withholding obligations upon the exercise of 233,333 employee stock options.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $14.86 to $15.26, 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.
- [F3]Includes 15,494 Restricted Shares held by the Company to implement restrictions on transfer unless and until certain conditions are met.
- [F4]The options vested upon the achievement of the stock price performance targets prior to September 30, 2016. Also reflects the forfeiture of 116,667 options for failure to meet the vesting criteria prior to September 30, 2016.
Issuer
MERITOR INC
CIK 0001113256
Entity typeoperating
IncorporatedIN
Related Parties
1- filerCIK 0001113256
Filing Metadata
- Form type
- 4
- Filed
- Feb 6, 7:00 PM ET
- Accepted
- Feb 7, 12:04 PM ET
- Size
- 9.6 KB