SEC Form 4 · accession 0001140361-16-049707
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
Feb 1, 2016
Accepted (ET)
Feb 2, 2016 · 2:55 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001113256
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitF1 | $0.00 | Feb 1, 2016 | A | 838 | A | — | — | Common Stock | 838 | 838 | D |
| Restricted Share UnitF2 | $0.00 | holding | — | — | — | — | — | Common Stock | 2,283 | 2,283 | D |
| Restricted Share UnitF3 | $0.00 | holding | — | — | — | — | — | Common Stock | 3,810 | 3,810 | D |
Explanation of responses
- F1Acquisition of Restricted Share Units ("RSUs") as equity compensation. The date of grant of the RSUs was February 1, 2016. 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 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, 2015. Each RSU represents the right to receive one share of common stock of the Company or its cash equivalent upon the vesting date, subject to the terms and conditions described in footnote 1 above.
- F3The date of grant of the RSUs was December 1, 2014. Each RSU represents the right to receive one share of common stock of the Company or its cash equivalent upon the vesting date, subject to the terms and conditions described in footnote 1 above.