Michael B. Lucareli - 29 May 2022 Form 4 Insider Report for MODINE MANUFACTURING CO (MOD)

Role: EVP, CFO
Signature: Sylvia A. Stein, Attorney in Fact
Issuer symbol: MOD
Transactions as of: 29 May 2022
Net transactions value: -$79,694
Form type: 4
Filing time: 01 Jun 2022, 16:28:27 UTC
Previous filing: 05 Oct 2021
Next filing: 07 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MOD	Common stock	Tax liability	$32,823	-2,915	-1%	$11.26^*	276,655	29 May 2022	Direct	F1, F2
transaction	MOD	Common stock	Tax liability	$23,455	-2,083	-0.75%	$11.26^*	274,572	30 May 2022	Direct	F1, F2
transaction	MOD	Common stock	Options Exercise	$21,752	+3,783	+1.4%	$5.75^*	278,355	01 Jun 2022	Direct	F2
transaction	MOD	Common stock	Sale	$45,169	-3,783	-1.4%	$11.94	274,572	01 Jun 2022	Direct	F2

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	+3,783		$0.000000^*	0	01 Jun 2022	Common stock	3,783	$5.75	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares disposed of in a private transaction to cover tax withholding.
F2	This total includes 971 units of Modine common stock held in the Reporting Person's Modine 401(k) Retirement Plan account.
F3	This option vested in four equal installments on June 5, 2013, 2014, 2015, and 2016.