Jeffrey A. Craig - 10 Nov 2021 Form 4 Insider Report for MERITOR, INC.

Signature
/s/ Jeffrey A. Craig, By: Carl D. Anderson, II, Attorney-in-fact
Issuer symbol
N/A
Transactions as of
10 Nov 2021
Net transactions value
$0
Form type
4
Filing time
15 Nov 2021, 15:32:45 UTC
Next filing
03 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MTOR Common Stock 38,540 10 Nov 2021 Direct

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 +155,809 $0.000000 155,809 10 Nov 2021 Common Stock 155,809 $0.000000 Direct F1
holding MTOR Restricted Share Units 74,129 10 Nov 2021 Common Stock 74,129 $0.000000 Direct F2
holding MTOR Restricted Share Units 79,208 10 Nov 2021 Common Stock 79,208 $0.000000 Direct F3
holding MTOR Restricted Share Units 105,454 10 Nov 2021 Common Stock 105,454 $0.000000 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Acquisition 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 December 1, 2021 or upon termination of employment with the Company under certain circumstances.
F2 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.
F3 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.
F4 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.