Jeffrey A. Craig - 01 Dec 2021 Form 4 Insider Report for MERITOR, INC.

Reporting relationship: Executive Chairman, Director
Issuer ticker: N/A
Reported as of: 01 Dec 2021
Net transaction value: -$2,858,599
SEC form: 4
Accepted by SEC: 03 Dec 2021, 15:45:01 UTC
Prior SEC filing: 15 Nov 2021
Next SEC filing: 07 Feb 2022
Source filing: View source filing
Reporting owner signature: /s/ Jeffrey A. Craig, By: Carl D. Anderson, II, Attorney-in-fact

Key filing fact

Jeffrey A. Craig filed Form 4 for MERITOR, INC. on 03 Dec 2021.

Key facts

This page summarizes Jeffrey A. Craig's Form 4 filing for MERITOR, INC..
5 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 03 Dec 2021, 15:45.

Change

Previous filing in this sequence was filed on 15 Nov 2021.
Current net transaction value: -$2,858,599.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MTOR transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +155,809
Change %: +404%
Price: $0.000000
Shares after: 194,349
Date: 01 Dec 2021
Ownership: Direct
Footnotes: F1

MTOR transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +105,454
Change %: +54%
Price: $0.000000
Shares after: 299,803
Date: 01 Dec 2021
Ownership: Direct
Footnotes: F1

MTOR transaction

Common Stock

Sale

Transaction value: $2,858,599
Shares: -113,486
Change %: -38%
Price: $25.19
Shares after: 186,317
Date: 02 Dec 2021
Ownership: Direct
Footnotes: F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MTOR transaction Derivative

Restricted Share Units

Options Exercise

Transaction value: $0
Shares: -155,809
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 01 Dec 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 155,809
Exercise price: $0.000000
Footnotes: F1

MTOR transaction Derivative

Restricted Share Units

Options Exercise

Transaction value: $0
Shares: -105,454
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 01 Dec 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 105,454
Exercise price: $0.000000
Footnotes: F1

MTOR holding Derivative

Restricted Share Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 74,129
Date: 01 Dec 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 74,129
Exercise price: $0.000000
Footnotes: F4

MTOR holding Derivative

Restricted Share Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 79,208
Date: 01 Dec 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 79,208
Exercise price: $0.000000
Footnotes: F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Reflects vesting of Restricted Share Units ("RSUs") on December 1, 2021.

Footnote F2

The sales reported in this Form 4 were effected to cover tax withholding obligations upon vesting of RSUs.

Footnote 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.

Footnote 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.

Footnote 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.