Craig Jeffrey A 4
4 · MERITOR, INC. · Filed Nov 15, 2021
Insider Transaction Report
Form 4
MERITOR, INC.MTOR
Craig Jeffrey A
Sr.VP, CFO
Transactions
- Award
Restricted Share Units
2021-11-10+155,809→ 155,809 totalExercise: $0.00→ Common Stock (155,809 underlying)
Holdings
- 38,540
Common Stock
- 74,129
Restricted Share Units
Exercise: $0.00→ Common Stock (74,129 underlying) - 79,208
Restricted Share Units
Exercise: $0.00→ Common Stock (79,208 underlying) - 105,454
Restricted Share Units
Exercise: $0.00→ Common Stock (105,454 underlying)
Footnotes (4)
- [F1]Acquisition of Restricted Share Units ("RSUs") as equity compensation following satisfaction of the performance criteria applicable thereto. Each RSU represents the right to receive one share of common stock of Meritor, Inc. (the "Company") or its cash equivalent upon the vesting date, which occurs at the earlier of December 1, 2021 or upon termination of employment with the Company under certain circumstances.
- [F2]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.
- [F3]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.
- [F4]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.