Jeffrey A. Craig - Dec 1, 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: Dec 1, 2021
Transactions value $: -$2,858,599
Form type: 4
Date filed: 12/3/2021, 03:45 PM
Previous filing: Nov 15, 2021
Next filing: Feb 7, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MTOR	Common Stock	Options Exercise	$0	+156K	+404.28%	$0.00	194K	Dec 1, 2021	Direct	F1
transaction	MTOR	Common Stock	Options Exercise	$0	+105K	+54.26%	$0.00	300K	Dec 1, 2021	Direct	F1
transaction	MTOR	Common Stock	Sale	-$2.86M	-113K	-37.85%	$25.19	186K	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	-156K	-100%	$0.00^*	0	Dec 1, 2021	Common Stock	156K	$0.00	Direct	F1
transaction	MTOR	Restricted Share Units	Options Exercise	$0	-105K	-100%	$0.00^*	0	Dec 1, 2021	Common Stock	105K	$0.00	Direct	F1
holding	MTOR	Restricted Share Units						74.1K	Dec 1, 2021	Common Stock	74.1K	$0.00	Direct	F4
holding	MTOR	Restricted Share Units						79.2K	Dec 1, 2021	Common Stock	79.2K	$0.00	Direct	F5

* 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 $24.64 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	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 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.