SEC Form 4 · accession 0001113256-18-000049
MERITOR INC · MTOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin Nowlan
Officer — SVP & Pres., T&C and CFO
Period of report
Apr 1, 2018
Accepted (ET)
Apr 3, 2018 · 5:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001113256
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 43,450 | D |
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 | Apr 1, 2018 | A | 2,626 | A | — | — | Common Stock | 2,626 | 2,626 | D |
| Restricted Share UnitsF2 | $0.00 | holding | — | — | — | — | — | Common Stock | 15,570 | 15,570 | D |
| Restricted Share UnitsF3 | $0.00 | holding | — | — | — | — | — | Common Stock | 30,227 | 30,227 | D |
| Restricted Share UnitsF4 | $0.00 | holding | — | — | — | — | — | Common Stock | 32,350 | 32,350 | D |
Explanation of responses
- F1Acquisition of Restricted Share Units ("RSUs") of Meritor, Inc. (the "Company") as equity compensation. The date of grant of the RSUs was April 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.
- F2The 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.
- F3The 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.
- F4The 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.