JACKSON VICTORIA B 4
4 · MERITOR INC · Filed Jan 28, 2013
Insider Transaction Report
Form 4
MERITOR INCMTOR
JACKSON VICTORIA B
Director
Transactions
- Award
Common Stock
2013-01-24+20,120→ 72,849 total - Exercise/Conversion
Restricted Share Units
2013-01-26−4,500→ 0 totalExercise: $0.00→ Common Stock (4,500 underlying) - Exercise/Conversion
common stock
2013-01-26+4,500→ 77,349 total
Footnotes (6)
- [F1]Acquisition of Restricted Shares as equity compensation.
- [F2]vesting of restricted share units
- [F3]inapplicable
- [F4]Includes 40,070 shares of Restricted Stock held by the issuer to implement restrictions on transfer unless and until certain conditions are met. Also reflects vesting on January 28, 2013 of 7,960 restricted share units,.
- [F5]Restricted share units converted on a one-to-one basis into common stock on the vesting date.
- [F6]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.