SEC Form 4 · accession 0001113256-18-000091
MERITOR INC · MTOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chris Villavarayan
Officer — SVP & Pres., Global Truck
Period of report
Sep 26, 2018
Accepted (ET)
Sep 28, 2018 · 5:50 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 | — | — | — | 18,954 | D | ||
| Common StockF1 | holding | — | — | — | 4,522 | I | Meritor Savings Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF2 | $0.00 | Sep 26, 2018 | A | 33,033 | A | — | — | Common Stock | 33,033 | 33,033 | D |
| Restricted Share UnitsF3 | $0.00 | Sep 26, 2018 | A | 28,258 | A | — | — | Common Stock | 28,258 | 28,258 | D |
| Restricted Share UnitsF4 | $0.00 | holding | — | — | — | — | — | Common Stock | 1,417 | 1,417 | D |
| Restricted Share UnitsF5 | $0.00 | holding | — | — | — | — | — | Common Stock | 12,908 | 12,908 | D |
| Restricted Share UnitsF6 | $0.00 | holding | — | — | — | — | — | Common Stock | 24,276 | 24,276 | D |
| Restricted Share UnitsF7 | $0.00 | holding | — | — | — | — | — | Common Stock | 12,235 | 12,325 | D |
| Restricted Share UnitsF8 | $0.00 | holding | — | — | — | — | — | Common Stock | 10,466 | 10,466 | D |
| Common Stock Share EquivalentsF9 | $0.00 | holding | — | — | — | — | — | Common Stock | 3,367 | 3,367 | I |
Explanation of responses
- F1Between February 2, 2018 and September 26, 2018, the reporting person acquired 161 shares of common stock of Meritor, Inc. (the "Company") under the Meritor, Inc. Savings Plan, based on information furnished by the plan administrator as of September 26, 2018.
- F2Acquisition of Restricted Share Units ("RSUs") as equity compensation following satisfaction of the performance criteria applicable thereto. 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 May 1, 2019 or upon termination of employment with the Company under certain circumstances.
- F3Acquisition of RSUs as equity compensation following satisfaction of the performance criteria applicable thereto. 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 December 1, 2018 or upon termination of employment with the Company under certain circumstances.
- F4The date of grant of the RSUs was February 2, 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.
- F5The 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.
- F6The 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.
- F7The date of grant of the RSUs was May 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.
- F8The 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.
- F9Between February 2, 2018 and September 26, 2018, the reporting person acquired 356 share equivalents related to Company common stock held under the Meritor, Inc. Supplemental Savings Plan, based on information furnished by the plan administrator as of September 26, 2018.