Filing Details
- Accession Number:
- 0001140361-15-043492
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-12-03 11:55:53
- Reporting Period:
- 2015-12-01
- Filing Date:
- 2015-12-03
- Accepted Time:
- 2015-12-03 11:55:53
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1113256 | Meritor Inc | MTOR | Motor Vehicle Parts & Accessories (3714) | 383354643 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1360603 | A Jeffrey Craig | C/O Meritor, Inc. 2135 West Maple Road Troy MI 48084-7186 | Ceo & President | Yes | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Disposition | 2015-12-02 | 19,496 | $10.34 | 301,145 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Restricted Share Units | Acquisiton | 2015-12-01 | 133,206 | $0.00 | 133,206 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
133,206 | No | 4 | A | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Restricted Share Units | $0.00 | 36,222 | 36,222 | Direct | ||
Common Stock | Restricted Share Units | $0.00 | 39,301 | 39,301 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
36,222 | 36,222 | Direct | |
39,301 | 39,301 | Direct |
Footnotes
- The sales reported in this Form 4 were effected to cover tax withholding obligations upon vesting of 60,750 Restricted Share Units ("RSUs").
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $10.23 to $10.57, inclusive. The reporting person undertakes to provide to Meritor, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- Reflects vesting on December 1, 2015 of 60,750 RSUs.
- The amount of securities shown as beneficially owned by Mr. Craig on Table I has been reduced by 75,523 RSUs, which were previously reported on Table I. This Form 4 reflects the previously reported 8/1/15 grant of 36,222 RSUs and 12/1/14 grant of 39,301 RSUs on Table II.
- Acquisition of RSUs as equity compensation. The date of grant of the RSUs was December 1, 2015. 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.
- The date of grant of the RSUs was August 1, 2015. Each RSU represents the right to receive one share of common stock of the Company or its cash equivalent upon the vesting date, subject to the terms and conditions described in footnote 5 above.
- The date of grant of the RSUs was December 1, 2014. Each RSU represents the right to receive one share of common stock of the Company or its cash equivalent upon the vesting date, subject to the terms and conditions described in footnote 5 above.