0001140361-15-043496.txt : 20151203
0001140361-15-043496.hdr.sgml : 20151203
20151203115954
ACCESSION NUMBER: 0001140361-15-043496
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20151201
FILED AS OF DATE: 20151203
DATE AS OF CHANGE: 20151203
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: MERITOR INC
CENTRAL INDEX KEY: 0001113256
STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714]
IRS NUMBER: 383354643
STATE OF INCORPORATION: IN
FISCAL YEAR END: 0930
BUSINESS ADDRESS:
STREET 1: 2135 W MAPLE ROAD
CITY: TROY
STATE: MI
ZIP: 48084
BUSINESS PHONE: 2484351000
MAIL ADDRESS:
STREET 1: 2135 W MAPLE ROAD
CITY: TROY
STATE: MI
ZIP: 48084
FORMER COMPANY:
FORMER CONFORMED NAME: ARVINMERITOR INC
DATE OF NAME CHANGE: 20000511
FORMER COMPANY:
FORMER CONFORMED NAME: MU SUB INC
DATE OF NAME CHANGE: 20000501
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Heffron Timothy J.
CENTRAL INDEX KEY: 0001641701
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-15983
FILM NUMBER: 151266672
MAIL ADDRESS:
STREET 1: C/O MERITOR, INC.
STREET 2: 2135 WEST MAPLE ROAD
CITY: TROY
STATE: MI
ZIP: 48084
4
1
doc1.xml
FORM 4
X0306
4
2015-12-01
0
0001113256
MERITOR INC
MTOR
0001641701
Heffron Timothy J.
C/O MERITOR, INC.
2135 WEST MAPLE ROAD
TROY
MI
48084-7186
0
1
0
0
VP, HR & CIO
Common Stock
2015-12-02
4
S
0
1889
10.3448
D
3951
D
Common Stock
11555
I
Meritor Savings Plan
Restricted Share Units
0
2015-12-01
4
A
0
16745
0
A
Common Stock
16745
16745
D
Restricted Share Units
0
Common Stock
21004
21004
D
Restricted Share Units
0
Common Stock
15000
15000
D
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.
The amount of securities shown as beneficially owned by Mr. Heffron on Table I has been reduced by 36,004 RSUs, which were previously reported on Table I. This Form 4 reflects the previously reported 12/1/14 grant of 21,004 RSUs, and 12/1/13 grant of 15,000 RSUs on Table II.
Shares purchased periodically and held in Meritor common stock funds in an employee benefit trust fund established under the Meritor, Inc. Savings Plan. The information in this report is based on information furnished by the plan administrator as of December 1, 2015.
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 6 above.
The date of grant of the RSUs was December 1, 2013. 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 6 above.
/s/ Timothy J. Heffron, By: Sandra J. Quick, Attorney-in-Fact
2015-12-03