0001113256-19-000110.txt : 20191203 0001113256-19-000110.hdr.sgml : 20191203 20191203162938 ACCESSION NUMBER: 0001113256-19-000110 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20191201 FILED AS OF DATE: 20191203 DATE AS OF CHANGE: 20191203 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Anderson Carl Douglas II CENTRAL INDEX KEY: 0001770503 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-15983 FILM NUMBER: 191266106 MAIL ADDRESS: STREET 1: 819 MAJESTIC DRIVE CITY: ROCHESTER HILLS STATE: MI ZIP: 48306 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: 248-435-1000 MAIL ADDRESS: STREET 1: 2135 W MAPLE ROAD CITY: TROY STATE: MI ZIP: 48084 FORMER COMPANY: FORMER CONFORMED NAME: MERITOR INC DATE OF NAME CHANGE: 20110324 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 4 1 wf-form4_157540856141080.xml FORM 4 X0306 4 2019-12-01 0 0001113256 MERITOR, INC. MTOR 0001770503 Anderson Carl Douglas II C/O MERITOR, INC 2135 WEST MAPLE ROAD TROY MI 48084-7186 0 1 0 0 SVP and CFO Common Stock 2019-12-01 4 M 0 1081 0 A 1081 D Common Stock 2019-12-01 4 M 0 8515 0 A 9596 D Common Stock 2019-12-01 4 M 0 13915 0 A 23511 D Common Stock 2019-12-02 4 S 0 10497 24.7476 D 13014 D Common Stock 3512 I Meritor Savings Plan Restricted Share Units 0.0 2019-12-01 4 M 0 1081 0 D Common Stock 1081.0 0 D Restricted Share Units 0.0 2019-12-01 4 M 0 8515 0 D Common Stock 8515.0 0 D Restricted Share Units 0.0 2019-12-01 4 M 0 13915 0 D Common Stock 13915.0 0 D Restricted Share Units 0.0 2019-12-01 4 A 0 17663 0 A Common Stock 17663.0 17663 D Restricted Share Units 0.0 Common Stock 9579.0 9579 D Restricted Share Units 0.0 Common Stock 967.0 967 D Restricted Share Units 0.0 Common Stock 4848.0 4848 D Restricted Share Units 0.0 Common Stock 1436.0 1436 D Restricted Share Units 0.0 Common Stock 4517.0 4517 D Reflects vesting of Restricted Share Units ("RSUs") on December 1, 2019. The sales reported in this Form 4 were effected to cover tax withholding obligations upon vesting of RSUs. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $24.33 to $25.62, 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. Shares purchased periodically and held in 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 December 1, 2019. Acquisition of RSUs as equity compensation. 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. 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. 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. 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. The date of grant of the RSUs was May 7, 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. The date of the grant of the RSUs was December 1, 2017. 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. Exhibit List: Exhibit 24 - Power of Attorney /s/ Carl D. Anderson, II, By: Scott M. Confer, Attorney-in-Fact 2019-12-03 EX-24 2 ex-24.htm ANDERSON POA

POWER OF ATTORNEY

Know all by these presents that the undersigned hereby constitutes and appoints Scott M. Confer the undersigned's true and lawful attorney-in-fact to:

(1) execute for and on behalf of the undersigned, in the undersigned's capacity as a director and/or an executive who is or may be considered to be an officer (as defined for purposes of Section 16 of the Securities Exchange Act of 1934 (the Act) and the rules thereunder) of Meritor, Inc. (the Company), Form ID and Forms 3, 4 and 5 in accordance with Section 16(a) of the Act and the rules thereunder;

(2) do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4 or 5 and timely file such form with the United States Securities and Exchange Commission and any stock exchange or similar authority; and

(3) take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact's discretion.

The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned's responsibilities to comply with Section 16 of the Act and the rules thereunder.

This Power of Attorney shall remain in full force and effect until the undersigned's filing of Forms 3, 4 and 5 with respect to the undersigned's holdings of and transactions in securities issued by the Company is no longer either required or deemed advisable in the opinion of the Company's General Counsel, unless earlier revoked by the undersigned in a signed writing delivered to the Company's Office of the Secretary for distribution to each of the foregoing attorneys-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 1st day of December 2019.

Signature

/s/ Carl D. Anderson, II

Print Name: Carl D. Anderson, II