Chris Villavarayan - Nov 10, 2021 Form 4 Insider Report for MERITOR, INC. (MTOR)

Role
CEO & President
Signature
/s/ Chris Villavarayan, 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, 03:34 PM
Previous filing
May 10, 2021
Next filing
Dec 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MTOR Common Stock 43.1K Nov 10, 2021 Direct
holding MTOR Common Stock 5.72K Nov 10, 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 +39.4K $0.00 39.4K Nov 10, 2021 Common Stock 39.4K $0.00 Direct F2
holding MTOR Restricted Share Units 50.5K Nov 10, 2021 Common Stock 50.5K $0.00 Direct F3
holding MTOR Restricted Share Units 21.7K Nov 10, 2021 Common Stock 21.7K $0.00 Direct F4
holding MTOR Restricted Share Units 6.47K Nov 10, 2021 Common Stock 6.47K $0.00 Direct F5
holding MTOR Restricted Share Units 17.4K Nov 10, 2021 Common Stock 17.4K $0.00 Direct F6
holding MTOR Restricted Share Units 26.7K Nov 10, 2021 Common Stock 26.7K $0.00 Direct F7
holding MTOR Common Stock Share Equivalents 8.5K Nov 10, 2021 Common Stock 8.5K $0.00 Meritor Supplemental Savings Plan F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Between May 6, 2021 and November 10, 2021, the reporting person acquired 12 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 November 10, 2021.
F2 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 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.
F3 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.
F4 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.
F5 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.
F6 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.
F7 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.
F8 Between May 6, 2021 and November 10, 2021, the reporting person acquired 830 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 November 10, 2021.