Plomin Joseph A. 4
4 · MERITOR, INC. · Filed Dec 3, 2019
Insider Transaction Report
Form 4
MERITOR, INC.MTOR
Plomin Joseph A.
Pres., International
Transactions
- Gift
Common Stock
2019-11-26−1,000→ 110,144 total - Exercise/Conversion
Common Stock
2019-12-01+52,798→ 169,642 total - Sale
Common Stock
2019-12-02$24.73/sh−36,793$910,053→ 157,125 total - Exercise/Conversion
Common Stock
2019-12-01+6,700→ 116,844 total - Exercise/Conversion
Restricted Share Units
2019-12-01−52,798→ 0 totalExercise: $0.00→ Common Stock (52,798 underlying) - Exercise/Conversion
Common Stock
2019-12-01+24,276→ 193,918 total - Exercise/Conversion
Restricted Share Units
2019-12-01−6,700→ 0 totalExercise: $0.00→ Common Stock (6,700 underlying) - Exercise/Conversion
Restricted Share Units
2019-12-01−24,276→ 0 totalExercise: $0.00→ Common Stock (24,276 underlying) - Award
Restricted Share Units
2019-12-01+12,674→ 12,674 totalExercise: $0.00→ Common Stock (12,674 underlying)
Holdings
- 19,393
Restricted Share Units
Exercise: $0.00→ Common Stock (19,393 underlying) - 12,908
Restricted Share Units
Exercise: $0.00→ Common Stock (12,908 underlying)
Footnotes (6)
- [F1]Reflects vesting of Restricted Share Units ("RSUs") on December 1, 2019.
- [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 $24.32 to $25.52, 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, 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.
- [F5]The date of grant of the RSUs was December 1, 2018. 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, 2017. 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.