JACKSON VICTORIA B 4
4 · ARVINMERITOR INC · Filed Jan 29, 2010
Insider Transaction Report
Form 4
JACKSON VICTORIA B
Director
Transactions
- Award
Common Stock
2010-01-28+7,960→ 22,379 total
Holdings
- 15,900
Restricted Share Units
Exercise: $0.00→ Common Stock (15,900 underlying)
Footnotes (4)
- [F1]Award of retricted 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. Prior awards of restricted stock units, which have different vesting provisions, have been reported in Table II.
- [F2]inapplicable
- [F3]Includes 1,000 shares of Restricted Stock held by the issuer to implement restrictions on transfer unless and until certain conditions are met and includes the 7,960 restricted share units being reported as awarded.
- [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 ArvinMeritor.