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Filing Details

Accession Number:: 0001140361-15-043497
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2015-12-03 12:01:57
Reporting Period:: 2015-12-01

Filing Date:: 2015-12-03
Accepted Time:: 2015-12-03 12:01:57
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	C/O Meritor, Inc. 2135 West Maple Road Troy MI 48084-7186	Senior Vp & Cfo	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2015-12-02	1,858	$10.35	44,763	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Share Units	Acquisiton	2015-12-01	32,350	$0.00	32,350	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
32,350			No	4	A	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Restricted Share Units	$0.00			15,284	15,284	Direct
Common Stock	Restricted Share Units	$0.00			15,000	15,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	15,284	15,284	Direct
	15,000	15,000	Direct

Footnotes

The sales reported in this Form 4 were effected to cover tax withholding obligations upon vesting of 5,840 Restricted Share Units ("RSUs").
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $10.24 to $10.54, 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.
Reflects vesting on December 1, 2015 of 5,840 RSUs. (Note: the number of shares of common stock beneficially owned by Mr. Nowlan corrects the previously reported total amount, which did not include 540 shares previously acquired.)
The amount of securities shown as beneficially owned by Mr. Nowlan on Table I has been reduced by 30,284 RSUs, which were previously reported on Table I. This Form 4 reports the previously reported 12/1/14 grant of 15,284 RSUs and 1/1/14 grant of 15,000 RSUs on Table II.
Acquisition of RSUs as equity compensation. The date of grant of the RSUs was December 1, 2015. 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.
The date of grant of the RSUs was December 1, 2014. Each RSU represents the right to receive one share of common stock of the Company or its cash equivalent upon the vesting date, subject to the terms and conditions described in footnote 5 above.
The date of grant of the RSUs was January 1, 2014. Each RSU represents the right to receive one share of common stock of the Company or its cash equivalent upon the vesting date, subject to the terms and conditions described in footnote 5 above.