Carl Douglas Anderson II - Jan 31, 2022 Form 4 Insider Report for MERITOR, INC. (MTOR)

Role
SVP and CFO
Signature
/s/ Carl D. Anderson, II
Stock symbol
MTOR
Transactions as of
Jan 31, 2022
Transactions value $
-$26,145
Form type
4
Date filed
2/2/2022, 05:05 PM
Previous filing
Dec 3, 2021
Next filing
Apr 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTOR Common Stock Options Exercise $0 +1.43K +6.17% $0.00 24.6K Jan 31, 2022 Direct F1
transaction MTOR Common Stock Options Exercise $0 +967 +3.94% $0.00 25.5K Jan 31, 2022 Direct F1
transaction MTOR Common Stock Sale -$26.1K -1.13K -4.41% $23.24 24.4K Feb 1, 2022 Direct F2
holding MTOR Common Stock 3.51K Jan 31, 2022 Meritor Savings Plan 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 -1.43K -100% $0.00* 0 Jan 31, 2022 Common Stock 1.43K $0.00 Direct F1
transaction MTOR Restricted Share Units Options Exercise $0 -967 -100% $0.00* 0 Jan 31, 2022 Common Stock 967 $0.00 Direct F1
holding MTOR Restricted Share Units 19.7K Jan 31, 2022 Common Stock 19.7K $0.00 Direct F4
holding MTOR Restricted Share Units 14.2K Jan 31, 2022 Common Stock 14.2K $0.00 Direct F5
holding MTOR Restricted Share Units 1.65K Jan 31, 2022 Common Stock 1.65K $0.00 Direct F6
holding MTOR Restricted Share Units 17.1K Jan 31, 2022 Common Stock 17.1K $0.00 Direct F7
holding MTOR Restricted Share Units 22.2K Jan 31, 2022 Common Stock 22.2K $0.00 Direct F8
holding MTOR Restricted Share Units 17.7K Jan 31, 2022 Common Stock 17.7K $0.00 Direct F9
holding MTOR Restricted Share Units 9.58K Jan 31, 2022 Common Stock 9.58K $0.00 Direct F10
* 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 January 31, 2022.
F2 The sales reported in this Form 4 were effected to cover tax withholding obligations upon vesting of RSUs.
F3 Shares purchased periodically and held in Company common stock funds in an employee benefit trust fund established under the Meritor, Inc. Savings Plan, based on information furnished by the plan administrator as of January 31, 2022.
F4 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 the acquisition of the RSUs was November 10, 2021 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 April 1, 2022 or upon termination of employment with the Company under certain circumstances.
F6 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.
F7 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.
F8 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.
F9 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.
F10 The date of grant of the RSUs was April 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.