Filing Details
- Accession Number:
- 0001113256-21-000137
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-12-03 16:44:20
- Reporting Period:
- 2021-12-01
- Accepted Time:
- 2021-12-03 16:44:20
- 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 & Cao (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 | 2021-12-01 | 3,581 | $0.00 | 31,867 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2021-12-01 | 2,424 | $0.00 | 34,291 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2021-12-02 | 2,664 | $25.25 | 31,627 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| 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 | Disposition | 2021-12-01 | 3,581 | $0.00 | 3,581 | $0.00 |
| Common Stock | Restricted Share Units | Disposition | 2021-12-01 | 2,424 | $0.00 | 2,424 | $0.00 |
| Common Stock | Restricted Share Units | Acquisiton | 2021-12-01 | 1,950 | $0.00 | 1,950 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | M | Direct | ||
| 0 | No | 4 | M | Direct | ||
| 1,950 | 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 | 1,854 | 1,854 | Direct | ||
| Common Stock | Restricted Share Units | $0.00 | 5,980 | 5,980 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 1,854 | 1,854 | Direct | |
| 5,980 | 5,980 | Direct |
Footnotes
- Reflects vesting of Restricted Share Units ("RSUs") on December 1, 2021.
- The sales reported in this Form 4 were effected to cover tax withholding obligations upon vesting of RSUs.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $24.80 to $25.76, 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.
- Acquisition of RSUs as equity compensation. The date of grant of the RSUs was December 1, 2021. 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 December 1, 2020. 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 December 1, 2019. 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.
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