Plomin Joseph A. 4
4 · MERITOR, INC. · Filed Sep 30, 2019
Insider Transaction Report
Form 4
MERITOR, INC.MTOR
Plomin Joseph A.
Pres., International
Transactions
- Award
Restricted Share Units
2019-09-26+52,798→ 52,798 totalExercise: $0.00→ Common Stock (52,798 underlying)
Holdings
- 111,144
Common Stock
- 19,393
Restricted Share Units
Exercise: $0.00→ Common Stock (19,393 underlying) - 24,276
Restricted Share Units
Exercise: $0.00→ Common Stock (24,276 underlying) - 12,908
Restricted Share Units
Exercise: $0.00→ Common Stock (12,908 underlying)
Footnotes (4)
- [F1]Acquisition of Restricted Share Units ("RSUs") as equity compensation following satisfaction of the performance criteria applicable thereto. Each RSU represents the right to receive one share of common stock of Meritor, Inc. (the "Company") or its cash equivalent upon the vesting date, which occurs at the earlier of December 1, 2019 or upon termination of employment with the Company under certain circumstances.
- [F2]The date of grant of the RSUs was December 1, 2018. Each RSU represents the right to receive one share of common stock of the Company or its cash equivalent upon the vesting date, which occurs at the earlier of three years from the date of grant or upon termination of employment with the Company under certain circumstances.
- [F3]The date of grant of the RSUs was December 1, 2017. Each RSU represents the right to receive one share of common stock of the Company or its cash equivalent upon the vesting date, which occurs at the earlier of three years from the date of grant or upon termination of employment with the Company under certain circumstances.
- [F4]The date of grant of the RSUs was December 1, 2016. Each RSU represents the right to receive one share of common stock of the Company or its cash equivalent upon the vesting date, which occurs at the earlier of three years from the date of grant or upon termination of employment with the Company under certain circumstances.