SEC Form 4 · accession 0001140361-15-029798
MERITOR INC · MTOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey A Craig
Officer — CEO & President · Director
Period of report
Aug 1, 2015
Accepted (ET)
Aug 4, 2015 · 7:30 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 StockF1,F2,F3 | Aug 1, 2015 | A | 36,222 | $0.00 | A | 396,164 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Acquisition of Restricted Share Units ("RSUs") as equity compensation. Each RSU represents the right to receive one share of common stock of Meritor, Inc. (the "Company") 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.
- F2Inapplicable.
- F3Includes 136,273 RSUs, each of which represents the right to receive one share of common stock of the Company upon the vesting date, subject to the terms and conditions described in footnote 1 above. (Note: the number of shares of common stock held by Mr. Craig corrects the previously reported total amount, which overreported his shares by 400.)