Filing Details

Accession Number:
0001113256-16-000103
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-12-05 14:38:05
Reporting Period:
2016-12-01
Filing Date:
2016-12-05
Accepted Time:
2016-12-05 14:38:05
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
1659695 Paul Bialy C/O Meritor, Inc.
2135 West Maple Road
Troy MI 48084-7186
Vp, Controller & Pao No 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 Acquisiton 2016-12-01 8,393 $0.00 17,073 No 4 M Direct
Common Stock Disposition 2016-12-02 2,740 $12.44 14,333 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
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 2016-12-01 2,349 $0.00 2,349 $0.00
Common Stock Restricted Share Units Disposition 2016-12-01 8,393 $0.00 8,393 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,349 No 4 A Direct
0 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Restricted Share Units $0.00 838 838 Direct
Common Stock Restricted Share Units $0.00 2,283 2,283 Direct
Common Stock Restricted Share Units $0.00 3,810 3,810 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
838 838 Direct
2,283 2,283 Direct
3,810 3,810 Direct
Footnotes
  1. Reflects vesting on December 1, 2016 of 8,393 Restricted Share Units ("RSUs").
  2. The sales reported in this Form 4 were effected to cover tax withholding obligations upon vesting of 8,393 RSUs.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $12.24 to $12.70, 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.
  4. Acquisition of RSUs as equity compensation. 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.
  5. The date of grant of the RSUs was February 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, subject to the terms and conditions described in footnote 4 above.
  6. 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, subject to the terms and conditions described in footnote 4 above.
  7. 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 4 above.