Filing Details

Accession Number:
0001140361-14-044018
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-12-03 16:33:29
Reporting Period:
2014-12-01
Filing Date:
2014-12-03
Accepted Time:
2014-12-03 16:33:29
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1113256 Meritor Inc MTOR Motor Vehicle Parts & Accessories (3714) 383354643
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1506074 Kevin Nowlan Meritor, Inc.
2135 West Maple Road
Troy MI 48084-7186
Senior Vp & Cfo No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2014-12-01 15,284 $0.00 79,565 No 4 A Direct
Common Stock Disposition 2014-12-02 3,200 $13.98 76,365 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
Footnotes
  1. Acquisition of Restricted Share Units ("RSUs") as equity compensation. Each RSU represents the right to receive one share of common stock of Meritor, Inc. (the "Company") 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.
  2. Inapplicable.
  3. Includes 36,124 RSUs, each of which represents the right to receive one share of common stock upon the vesting date, subject to the terms and conditions described in footnote 1 above. Also reflects vesting on December 1, 2014 of 10,180 RSUs.
  4. The sales reported in this Form 4 were effected to cover tax withholding obligations upon vesting of 10,180 RSUs.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $ 13.97 to $ 14.00, inclusive. The reporting person undertakes to provide to 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.
  6. Includes 36,124 RSUs, each of which represents the right to receive one share of common stock upon the vesting date, subject to the terms and conditions described in footnote 1 above.