Paul Bialy - Dec 1, 2021 Form 4 Insider Report for MERITOR, INC. (MTOR)

Role: VP & CAO (PAO)
Signature: /s/ Paul Bialy, By: Carl D. Anderson, II, Attorney-in-fact
Stock symbol: MTOR
Transactions as of: Dec 1, 2021
Transactions value $: -$67,263
Form type: 4
Date filed: 12/3/2021, 03:44 PM
Previous filing: Nov 15, 2021
Next filing: Aug 5, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MTOR	Common Stock	Options Exercise	$0	+3.58K	+12.66%	$0.00	31.9K	Dec 1, 2021	Direct	F1
transaction	MTOR	Common Stock	Options Exercise	$0	+2.42K	+7.61%	$0.00	34.3K	Dec 1, 2021	Direct	F1
transaction	MTOR	Common Stock	Sale	-$67.3K	-2.66K	-7.77%	$25.25	31.6K	Dec 2, 2021	Direct	F2, F3

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	Options Exercise	$0	-3.58K	-100%	$0.00^*	0	Dec 1, 2021	Common Stock	3.58K	$0.00	Direct	F1
transaction	MTOR	Restricted Share Units	Options Exercise	$0	-2.42K	-100%	$0.00^*	0	Dec 1, 2021	Common Stock	2.42K	$0.00	Direct	F1
transaction	MTOR	Restricted Share Units	Award	$0	+1.95K		$0.00	1.95K	Dec 1, 2021	Common Stock	1.95K	$0.00	Direct	F4
holding	MTOR	Restricted Share Units						1.85K	Dec 1, 2021	Common Stock	1.85K	$0.00	Direct	F5
holding	MTOR	Restricted Share Units						5.98K	Dec 1, 2021	Common Stock	5.98K	$0.00	Direct	F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects vesting of Restricted Share Units ("RSUs") on December 1, 2021.
F2	The sales reported in this Form 4 were effected to cover tax withholding obligations upon vesting of RSUs.
F3	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $24.80 to $25.76, inclusive. The reporting person undertakes to provide to Meritor, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F4	Acquisition of RSUs as equity compensation. The date of grant of the RSUs was December 1, 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.
F5	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.
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.