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