SEC Form 4 · accession 0001113256-18-000109
MERITOR INC · MTOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Bialy
Officer — VP, Controller & PAO
Period of report
Nov 1, 2018
Accepted (ET)
Nov 5, 2018 · 4:49 pm EST
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 | — | — | — | 19,009 | 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 | Nov 1, 2018 | A | 2,512 | A | — | — | Common Stock | 2,512 | 2,512 | D |
| Restricted Share UnitsF2 | $0.00 | Nov 1, 2018 | A | 685 | A | — | — | Common Stock | 685 | 685 | D |
| Restricted Share UnitsF3 | $0.00 | holding | — | — | — | — | — | Common Stock | 6,165 | 6,165 | D |
| Restricted Share UnitsF4 | $0.00 | holding | — | — | — | — | — | Common Stock | 354 | 354 | D |
| Restricted Share UnitsF5 | $0.00 | holding | — | — | — | — | — | Common Stock | 1,210 | 1,210 | D |
| Restricted Share UnitsF6 | $0.00 | holding | — | — | — | — | — | Common Stock | 2,349 | 2,349 | D |
| Restricted Share UnitsF7 | $0.00 | holding | — | — | — | — | — | Common Stock | 838 | 838 | D |
| Restricted Share UnitsF8 | $0.00 | holding | — | — | — | — | — | Common Stock | 2,283 | 2,283 | D |
Explanation of responses
- F1Acquisition 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 Meritor, Inc. (the "Company") or its cash equivalent upon the vesting date, which occurs at the earlier of February 2, 2019 or upon termination of employment with the Company under certain circumstances.
- F2Acquisition 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.
- F3The date of the acquisition of the RSUs was September 26, 2018 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 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, 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.