Fazal F. Merchant - 03 Aug 2022 Form 4 Insider Report for MERITOR, INC. (MTOR)

Role
Director
Signature
/s/ Fazal Merchant, By: Carl D. Anderson II, Attorney-in-fact
Issuer symbol
MTOR
Transactions as of
03 Aug 2022
Transactions value $
$0
Form type
4
Filing time
05 Aug 2022, 10:51:56
Previous filing
30 Jun 2022
Next filing
09 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTOR Common Stock Disposed to Issuer -11.4K -100% 0 03 Aug 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Fazal F. Merchant is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursuant to that certain Agreement and Plan of Merger, dated as of February 21, 2022, by and among Meritor, Inc., an Indiana corporation (the "Company"), Cummins Inc., an Indiana corporation ("Cummins"), and an Indiana corporation and wholly owned indirect subsidiary of Cummins ("Merger Sub"), Merger Sub was merged with and into the Company (the "Merger") with the Company continuing as the surviving corporation and an indirect subsidiary of Cummins. As a result of the Merger, each share of Company Common Stock and each restricted share was automatically converted into the right to receive an amount in cash equal to $36.50.