SEC Form 4 · accession 0001140361-16-049465
MERITOR INC · MTOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lloyd G Trotter
Director
Period of report
Jan 28, 2016
Accepted (ET)
Feb 1, 2016 · 2:25 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 StockF2,F1,F3,F4 | Jan 28, 2016 | A | 15,313 | $0.00 | A | 15,313 | 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 UnitsF4,F5 | $0.00 | holding | — | — | — | — | — | Common Stock | 6,565 | 6,565 | D |
Explanation of responses
- F1Acquisition of shares of Restricted Stock of Meritor, Inc. (the "Company") as equity compensation.
- F2Inapplicable.
- F3Includes 15,313 shares of Restricted Stock held by the Company to implement restrictions on transfer unless and until certain conditions are met.
- F4The amount of securities shown as beneficially owned by Mr. Trotter on Table I has been reduced by 6,565 Restricted Share Units ("RSUs"), which were previously reported on Table I. This Form 4 reflects the previously reported 01/22/15 grant of 6,565 RSUs on Table II.
- F5The date of grant of the RSUs was January 22, 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.