Michael B. Lucareli - Aug 10, 2023 Form 4 Insider Report for MODINE MANUFACTURING CO (MOD)

Role
EVP, CFO
Signature
/s/ T. Michael Rathburn, Attorney in Fact
Stock symbol
MOD
Transactions as of
Aug 10, 2023
Transactions value $
-$1,304,469
Form type
4
Date filed
8/14/2023, 05:34 PM
Previous filing
Jun 8, 2023
Next filing
Oct 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MOD Common stock Options Exercise $159K +10.7K +3.64% $14.94 304K Aug 10, 2023 Direct F1
transaction MOD Common stock Sale -$487K -10.7K -3.51% $45.77 293K Aug 10, 2023 Direct F1, F2
transaction MOD Common stock Options Exercise $342 +30 +0.01% $11.39* 293K Aug 10, 2023 Direct F1
transaction MOD Common stock Sale -$1.37K -30 -0.01% $45.81 293K Aug 10, 2023 Direct F1
transaction MOD Common stock Options Exercise $271K +27.1K +9.24% $10.00* 320K Aug 10, 2023 Direct F1
transaction MOD Common stock Sale -$1.25M -27.1K -8.46% $46.03 293K Aug 10, 2023 Direct F1, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MOD Employee stock option (Right to buy) Options Exercise $0 +10.7K $0.00* 0 Aug 10, 2023 Common stock 10.7K $14.94 Direct F4
transaction MOD Employee stock option (Right to buy) Options Exercise $0 +30 $0.00* 0 Aug 10, 2023 Common stock 30 $11.39 Direct F5
transaction MOD Employee stock option (Right to buy) Options Exercise $0 +27.1K $0.00* 0 Aug 10, 2023 Common stock 27.1K $10.00 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This total includes 971 units of Modine common stock held in the Reporting Person's Modine 401(k) Retirement Plan account.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.535 to $45.99, inclusive. The reporting person undertakes to provide to Modine Manufacturing Company, any security holder of Modine Manufacturing 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 ranges set forth in footnotes (2) and (3) to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.795 to $46.13, inclusive.
F4 This option vested in four equal installments on June 2, 2015, 2016, 2017, and 2018.
F5 This option vested in four equal installments on June 2, 2016, 2017, 2018, and 2019.
F6 This option vested in four equal installments on May 31, 2017, 2018, 2019, and 2020.