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

Role
CEO & President
Signature
/s/ Chris Villavarayan, 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, 15:34:18 UTC
Previous filing
10 May 2021
Next filing
03 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MTOR Common Stock 43,132 10 Nov 2021 Direct
holding MTOR Common Stock 5,723 10 Nov 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 +39,400 $0.000000 39,400 10 Nov 2021 Common Stock 39,400 $0.000000 Direct F2
holding MTOR Restricted Share Units 50,522 10 Nov 2021 Common Stock 50,522 $0.000000 Direct F3
holding MTOR Restricted Share Units 21,720 10 Nov 2021 Common Stock 21,720 $0.000000 Direct F4
holding MTOR Restricted Share Units 6,472 10 Nov 2021 Common Stock 6,472 $0.000000 Direct F5
holding MTOR Restricted Share Units 17,426 10 Nov 2021 Common Stock 17,426 $0.000000 Direct F6
holding MTOR Restricted Share Units 26,666 10 Nov 2021 Common Stock 26,666 $0.000000 Direct F7
holding MTOR Common Stock Share Equivalents 8,500 10 Nov 2021 Common Stock 8,500 $0.000000 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.