Filing Details

Accession Number:
0001206774-17-000357
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-02-07 12:04:31
Reporting Period:
2017-02-03
Filing Date:
2017-02-07
Accepted Time:
2017-02-07 12:04:31
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
1200003 J Ivor Evans C/O Meritor, Inc.
2135 West Maple Road
Troy MI 48084-7186
Yes No 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 2017-02-03 233,333 $8.22 576,762 No 4 M Direct
Common Stock Disposition 2017-02-03 160,925 $15.00 415,837 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 Employee Stock Option (right to buy) Disposition 2017-02-03 233,333 $0.00 233,333 $8.22
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2018-09-11 No 4 M Direct
Footnotes
  1. The sales reported in this Form 4 were effected to cover the exercise price and tax withholding obligations upon the exercise of 233,333 employee stock options.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $14.86 to $15.26, 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.
  3. Includes 15,494 Restricted Shares held by the Company to implement restrictions on transfer unless and until certain conditions are met.
  4. The options vested upon the achievement of the stock price performance targets prior to September 30, 2016. Also reflects the forfeiture of 116,667 options for failure to meet the vesting criteria prior to September 30, 2016.