Brian Jon Agen - Jun 6, 2022 Form 4 Insider Report for MODINE MANUFACTURING CO (MOD)

Role
VP, Human Resources
Signature
/s/ Michael B. Lucareli, Attorney in Fact
Stock symbol
MOD
Transactions as of
Jun 6, 2022
Transactions value $
$0
Form type
4
Date filed
6/8/2022, 03:13 PM
Previous filing
Jun 7, 2022
Next filing
Jun 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MOD Common stock Award $0 +11K +14.58% $0.00 86.1K Jun 6, 2022 Direct F1, 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) Award $0 +11.1K $0.00 11.1K Jun 6, 2022 Common stock 11.1K $12.28 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This is an award of restricted stock units which will vest as follows: 33% on 6/6/2023, 33% on 6/6/2024 and the remaining 34% on 6/6/2025. Each restricted stock unit represents a contingent right to receive one share of MOD common stock.
F2 This total includes 1474 units of Modine common stock held in the Reporting Person's Modine 401(k) Retirement Plan account.
F3 This option will vest as follows: 33% on 6/6/2023, 33% on 6/6/2024 and the remaining 34% on 6/6/2025.