Home > Insider Trading > Filing (0001113256-17-000007)

Filing Details

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	Svp & 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	2017-01-01	15,000	$0.00	106,916	No	4	M	Direct
Common Stock	Disposition	2017-01-03	5,250	$12.70	101,666	No	4	S	Direct

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

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Share Units	Disposition	2017-01-01	15,000	$0.00	15,000	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0			No	4	M	Direct

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Restricted Share Units	$0.00	30,227	30,227	Direct
Common Stock	Restricted Share Units	$0.00	32,350	32,350	Direct
Common Stock	Restricted Share Units	$0.00	15,284	15,284	Direct

Amount	Remaning Holdings	Nature of Ownership
30,227	30,227	Direct
32,350	32,350	Direct
15,284	15,284	Direct

Footnotes

Reflects vesting on January 1, 2017 of 15,000 Restricted Share Units ("RSUs").
The sales reported in this Form 4 were effected to cover tax withholding obligations upon vesting of 15,000 RSUs.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $12.66 to $12.75, 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.
The date of grant of the RSUs was December 1, 2016. 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, 2015. 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 4 above.
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 4 above.