SEC Form 4 · accession 0001113256-16-000108
MERITOR INC · MTOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Boise April Miller
Officer — SVP, GC & Corp Sec
Period of report
Dec 1, 2016
Accepted (ET)
Dec 5, 2016 · 2:39 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001113256
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF1 | $0.00 | Dec 1, 2016 | A | 19,577 | A | — | — | Common Stock | 19,577 | 19,577 | D |
| Restricted Share UnitsF2 | $0.00 | holding | — | — | — | — | — | Common Stock | 18,165 | 18,165 | D |
Explanation of responses
- F1Acquisition of Restricted Share Units ("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 Meritor, Inc. (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.
- F2The date of grant of the RSUs was August 15, 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 1 above.