Paul Bialy - 01 Dec 2021 Form 4 Insider Report for MERITOR, INC.

Signature
/s/ Paul Bialy, By: Carl D. Anderson, II, Attorney-in-fact
Issuer symbol
N/A
Transactions as of
01 Dec 2021
Net transactions value
-$67,263
Form type
4
Filing time
03 Dec 2021, 15:44:20 UTC
Previous filing
15 Nov 2021
Next filing
05 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTOR Common Stock Options Exercise $0 +3,581 +13% $0.000000 31,867 01 Dec 2021 Direct F1
transaction MTOR Common Stock Options Exercise $0 +2,424 +7.6% $0.000000 34,291 01 Dec 2021 Direct F1
transaction MTOR Common Stock Sale $67,263 -2,664 -7.8% $25.25 31,627 02 Dec 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 -3,581 -100% $0.000000* 0 01 Dec 2021 Common Stock 3,581 $0.000000 Direct F1
transaction MTOR Restricted Share Units Options Exercise $0 -2,424 -100% $0.000000* 0 01 Dec 2021 Common Stock 2,424 $0.000000 Direct F1
transaction MTOR Restricted Share Units Award $0 +1,950 $0.000000 1,950 01 Dec 2021 Common Stock 1,950 $0.000000 Direct F4
holding MTOR Restricted Share Units 1,854 01 Dec 2021 Common Stock 1,854 $0.000000 Direct F5
holding MTOR Restricted Share Units 5,980 01 Dec 2021 Common Stock 5,980 $0.000000 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.