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

Role
Executive Chairman, Director
Signature
/s/ Jeffrey A. Craig, By: Carl D. Anderson, II, Attorney-in-fact
Stock symbol
MTOR
Transactions as of
Nov 10, 2021
Transactions value $
$0
Form type
4
Date filed
11/15/2021, 03:32 PM
Next filing
Dec 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MTOR Common Stock 38.5K Nov 10, 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 +156K $0.00 156K Nov 10, 2021 Common Stock 156K $0.00 Direct F1
holding MTOR Restricted Share Units 74.1K Nov 10, 2021 Common Stock 74.1K $0.00 Direct F2
holding MTOR Restricted Share Units 79.2K Nov 10, 2021 Common Stock 79.2K $0.00 Direct F3
holding MTOR Restricted Share Units 105K Nov 10, 2021 Common Stock 105K $0.00 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.