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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Share Units | $ 0 (4) | 01/25/2014 | M | 6,607 | (5) | (5) | Common Stock | 6,607 | (2) | 0 (5) | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
EVANS IVOR J MERITOR, INC. 2135 WEST MAPLE ROAD TROY, MI 41084-7186 |
X | Chairman, CEO and President |
/s/ Ivor J. Evans, By: Vernon G. Baker II, Attorney-in-fact | 01/27/2014 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Vesting of Restricted Share Units ("RSUs") |
(2) | Inapplicable |
(3) | Total includes 35,202 shares of Restricted Stock held by Meritor, Inc. (the "Company") to implement restrictions on transfer unless and until certain conditions are met. Also reflects vesting on January 20, 2014 of 3,868 shares of Restricted Stock. |
(4) | RSUs convert on a one-to-one basis into common stock on the vesting date. |
(5) | RSUs vest and are paid or settled after the earliest of (1) six years from the date of award, (2) ten days after retirement from the Board of Directors of the Company (the "Board") after reaching age 72 and having at least 3 years of service as director, and (3) the date of ceasing to be a director by reason of the antitrust laws, compliance with conflict of interest policies, death, disability or other circumstances that the Board deems not to be adverse to the best interests of the Company. |