Sec Form 4 Filing - Craig Jeffrey A @ MERITOR INC - 2016-11-02

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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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1. Name and Address of Reporting Person
Craig Jeffrey A
2. Issuer Name and Ticker or Trading Symbol
MERITOR INC [ MTOR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
CEO & President
(Last) (First) (Middle)
C/O MERITOR, INC., 2135 WEST MAPLE ROAD
3. Date of Earliest Transaction (MM/DD/YY)
11/02/2016
(Street)
TROY, MI48084-7186
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 301,145 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Share Units $ 0 11/02/2016 A 181,869 ( 1 ) ( 1 ) Common Stock 181,869 $ 0 181,869 D
Restricted Share Units $ 0 11/02/2016 A 139,900 ( 2 ) ( 2 ) Common Stock 139,900 $ 0 139,900 D
Restricted Share Units $ 0 ( 3 ) ( 3 ) Common Stock 133,206 133,206 D
Restricted Share Units $ 0 ( 4 ) ( 4 ) Common Stock 36,222 36,222 D
Restricted Share Units $ 0 ( 5 ) ( 5 ) Common Stock 39,301 39,301 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Craig Jeffrey A
C/O MERITOR, INC.
2135 WEST MAPLE ROAD
TROY, MI48084-7186
X CEO & President
Signatures
/s/ Jeffrey A. Craig, By: April Miller Boise, Attorney-in-fact 11/04/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Acquisition of Restricted Share Units ("RSUs") as equity compensation following satisfaction of the performance criteria applicable thereto. Each RSU represents the right to receive one share of common stock of Meritor, Inc. (the "Company") or its cash equivalent upon the vesting date, which occurs at the earlier of December 1, 2016 or upon termination of employment with the Company under certain circumstances.
( 2 )Acquisition of RSUs as equity compensation following satisfaction of the performance criteria applicable thereto. Each RSU represents the right to receive one share of common stock of the Company or its cash equivalent and they will vest in equal one-third installments on December 1, 2016, 2017 and 2018 or may vest earlier upon termination of employment with the Company under certain circumstances.
( 3 )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.
( 4 )The date of grant of the RSUs was August 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, subject to the terms and conditions described in footnote 3 above.
( 5 )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 3 above.

Remarks:
Exhibit List: Exhibit 24 - Power of Attorney

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