4//SEC Filing
JACKSON VICTORIA B 4
Accession 0001421102-12-000015
CIK 0001113256other
Filed
Jan 26, 7:00 PM ET
Accepted
Jan 27, 8:29 AM ET
Size
7.4 KB
Accession
0001421102-12-000015
Insider Transaction Report
Form 4
MERITOR INCMTOR
JACKSON VICTORIA B
Director
Transactions
- Award
common stock
2012-01-26+15,082→ 48,229 total
Holdings
- 9,000
Restricted Share Units
Exercise: $0.00→ Common Stock (9,000 underlying)
Footnotes (5)
- [F1]Acquisition of restricted shares as equity compensation
- [F2]Includes 19,950 shares of Restricted Stock held by the issuer to implement restrictions on transfer unless and until certain conditions are met and 7,960 restricted share units, which represent the right to receive shares of common stock on a one-to-one basis upon vesting, which is generally three years from the date of grant, subject to terms and conditions. Certain awards of restricted share units, which have different vesting provisions, have been reported in Table II
- [F3]Restricted share units vest and are paid or settled after the earliest of (1) six years from the date of award, (2) ten days after retirement from the Board after reaching age 72 and having at least 3 years of service as a director, and (3) the date of ceasing to be a director by reason of the antitrust laws, compliance with conflict of interest policies, death, disability or other circumstances that the Board deems not to be adverse to the best interests of Meritor.
- [F4]Restricted share units converted on a one-to-one basis into common stock on the vesting date.
- [F5]inapplicable
Documents
Issuer
MERITOR INC
CIK 0001113256
Entity typeother
Related Parties
1- filerCIK 0001210423
Filing Metadata
- Form type
- 4
- Filed
- Jan 26, 7:00 PM ET
- Accepted
- Jan 27, 8:29 AM ET
- Size
- 7.4 KB