Chris Villavarayan - 03 Aug 2022 Form 4 Insider Report for MERITOR, INC.

Reporting relationship: CEO & President
Issuer ticker: N/A
Reported as of: 03 Aug 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 05 Aug 2022, 10:53:28 UTC
Prior SEC filing: 10 May 2022
Next SEC filing: 19 Aug 2022
Source filing: View source filing
Reporting owner signature: /s/ Chris Villavarayan, By: Carl D. Anderson, II, Attorney-in-fact

Key filing fact

Chris Villavarayan filed Form 4 for MERITOR, INC. on 05 Aug 2022.

Key facts

This page summarizes Chris Villavarayan's Form 4 filing for MERITOR, INC..
8 reported transactions and 6 derivative rows are listed below.
Accepted by SEC: 05 Aug 2022, 10:53.

Change

Previous filing in this sequence was filed on 10 May 2022.
Current net transaction value: $0.

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

Disposed to Issuer

Transaction value
Shares: -79,872
Change %: -100%
Price
Shares after: 0
Date: 03 Aug 2022
Ownership: Direct
Footnotes: F1

MTOR transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -5,723
Change %: -100%
Price
Shares after: 0
Date: 03 Aug 2022
Ownership: Meritor Savings Plan
Footnotes: F1

Reported derivative securities

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

MTOR transaction Derivative

Restricted Share Units

Disposed to Issuer

Transaction value
Shares: -76,647
Change %: -100%
Price
Shares after: 0
Date: 03 Aug 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 76,647
Exercise price: $0.000000
Footnotes: F1

MTOR transaction Derivative

Restricted Share Units

Disposed to Issuer

Transaction value
Shares: -50,522
Change %: -100%
Price
Shares after: 0
Date: 03 Aug 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 50,522
Exercise price: $0.000000
Footnotes: F1

MTOR transaction Derivative

Restricted Share Units

Disposed to Issuer

Transaction value
Shares: -21,720
Change %: -100%
Price
Shares after: 0
Date: 03 Aug 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 21,720
Exercise price: $0.000000
Footnotes: F1

MTOR transaction Derivative

Restricted Share Units

Disposed to Issuer

Transaction value
Shares: -6,472
Change %: -100%
Price
Shares after: 0
Date: 03 Aug 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 6,472
Exercise price: $0.000000
Footnotes: F1

MTOR transaction Derivative

Restricted Share Units

Disposed to Issuer

Transaction value
Shares: -17,426
Change %: -100%
Price
Shares after: 0
Date: 03 Aug 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 17,426
Exercise price: $0.000000
Footnotes: F1

MTOR transaction Derivative

Common Stock Share Equivalents

Disposed to Issuer

Transaction value
Shares: -8,560
Change %: -100%
Price
Shares after: 0
Date: 03 Aug 2022
Ownership: Meritor Supplemental Savings Plan
Underlying class: Common Stock
Underlying amount: 8,560
Exercise price: $0.000000
Footnotes: F1

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

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Chris Villavarayan is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 1 footnote

Footnote F1

Pursuant to that certain Agreement and Plan of Merger, dated as of February 21, 2022 (the "Merger Agreement"), by and among Meritor, Inc., an Indiana corporation (the "Company"), Cummins Inc., an Indiana corporation ("Cummins"), and Rose NewCo Inc., an Indiana corporation and wholly owned subsidiary of Cummins ("Merger Sub"), Merger Sub was merged with and into the Company (the "Merger") with the Company continuing as the surviving corporation and a subsidiary of Cummins. As a result of the Merger, each share of Company Common Stock and each restricted share unit was automatically converted into the right to receive an amount in cash equal to $36.50, subject to the vesting and other terms and conditions as provided in the Merger Agreement.