BROOKS RHONDA L 4
4 · MERITOR INC · Filed Jan 31, 2012
Insider Transaction Report
Form 4
MERITOR INCMTOR
BROOKS RHONDA L
Director
Transactions
- Exercise/Conversion
Common Stock
2012-01-31+4,500→ 36,077 total - Exercise/Conversion
Restricted Share Units
2012-01-31−4,500→ 4,500 totalExercise: $0.00→ Common Stock (4,500 underlying)
Holdings
- 17,007(indirect: By Trust)
Common Stock
Footnotes (5)
- [F1]vesting of restricted share units
- [F2]inapplicable
- [F3]Includes 26,910 shares of restricted stock that are held by the issuer to implement restrictions on transfer unless and until certain conditions are met .
- [F4]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.
- [F5]Restricted share units convert on a one-to-one basis into common stock on the vesting date.