Chris Villavarayan - May 6, 2021 Form 4 Insider Report for MERITOR, INC. (MTOR)

Role
CEO & President
Signature
/s/ Chris Villavarayan, By: Hannah S. Lim-Johnson, Attorney-in-fact
Stock symbol
MTOR
Transactions as of
May 6, 2021
Transactions value $
$0
Form type
4
Date filed
5/10/2021, 07:49 PM
Next filing
Nov 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MTOR Common Stock 43.1K May 6, 2021 Direct
holding MTOR Common Stock 5.71K May 6, 2021 Meritor Savings Plan F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MTOR Restricted Share Units Award $0 +50.5K $0.00 50.5K May 6, 2021 Common Stock 50.5K $0.00 Direct F2
holding MTOR Restricted Share Units 21.7K May 6, 2021 Common Stock 21.7K $0.00 Direct F3
holding MTOR Restricted Share Units 6.47K May 6, 2021 Common Stock 6.47K $0.00 Direct F4
holding MTOR Restricted Share Units 17.4K May 6, 2021 Common Stock 17.4K $0.00 Direct F5
holding MTOR Restricted Share Units 26.7K May 6, 2021 Common Stock 26.7K $0.00 Direct F6
holding MTOR Common Stock Share Equivalents 7.67K May 6, 2021 Common Stock 7.67K $0.00 Meritor Supplemental Savings Plan F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Between February 2, 2021 and May 6, 2021, the reporting person acquired 225 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 May 6, 2021.
F2 Acquisition of Restricted Share Units ("RSUs") as equity compensation. The date of grant of the RSUs was May 6, 2021. 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.
F3 The date of grant of the RSUs was December 1, 2020. 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.
F4 The date of grant of the RSUs was February 3, 2020. 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.
F5 The date of grant of the RSUs was December 1, 2019. 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.
F6 The date of grant of the RSUs was December 1, 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.
F7 Between February 2, 2021 and May 6, 2021, the reporting person acquired 54 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 May 6, 2021.