Carl Douglas Anderson II - 06 May 2021 Form 4 Insider Report for MERITOR, INC. (MTOR)

Signature
/s/ Carl D. Anderson, II, By: Hannah S. Lim-Johnson, Attorney-in-Fact
Issuer symbol
MTOR
Transactions as of
06 May 2021
Transactions value $
-$16,292
Form type
4
Filing time
10 May 2021, 19:48:06 UTC
Next filing
15 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTOR Common Stock Options Exercise $0 +1.44K +9.2% $0.00 17.1K 07 May 2021 Direct F1
transaction MTOR Common Stock Sale -$16.3K -597 -3.5% $27.29 16.5K 10 May 2021 Direct F2
holding MTOR Common Stock 3.51K 06 May 2021 Meritor Savings Plan F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MTOR Restricted Share Units Options Exercise $0 -1.44K -100% $0.00* 0 07 May 2021 Common Stock 1.44K $0.00 Direct F1
transaction MTOR Restricted Share Units Award $0 +1.65K $0.00 1.65K 06 May 2021 Common Stock 1.65K $0.00 Direct F4
holding MTOR Restricted Share Units 17.1K 06 May 2021 Common Stock 17.1K $0.00 Direct F5
holding MTOR Restricted Share Units 22.2K 06 May 2021 Common Stock 22.2K $0.00 Direct F6
holding MTOR Restricted Share Units 17.7K 06 May 2021 Common Stock 17.7K $0.00 Direct F7
holding MTOR Restricted Share Units 9.58K 06 May 2021 Common Stock 9.58K $0.00 Direct F8
holding MTOR Restricted Share Units 967 06 May 2021 Common Stock 967 $0.00 Direct F9
holding MTOR Restricted Share Units 4.85K 06 May 2021 Common Stock 4.85K $0.00 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects vesting of Restricted Share Units ("RSUs") on May 7, 2021.
F2 The sales reported in this Form 4 were effected to cover tax withholding obligations upon vesting of RSUs.
F3 Shares purchased periodically and held in Meritor, Inc. (the "Company") common stock funds in an employee benefit trust fund established under the Meritor, Inc. Savings Plan, based on information furnished by the plan administrator as of May 6, 2021.
F4 Acquisition of RSUs as equity compensation. The date of grant of the RSUs was May 6, 2021. 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.
F5 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.
F6 The date of grant of the RSUs was February 3, 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.
F7 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.
F8 The date of grant of the RSUs was April 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.
F9 The date of the grant of the RSUs was January 31, 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.
F10 The date of the 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.