Michael B. Lucareli - 06 Jun 2022 Form 4 Insider Report for MODINE MANUFACTURING CO (MOD)

Role
EVP, CFO
Signature
Michael B. Lucareli
Issuer symbol
MOD
Transactions as of
06 Jun 2022
Net transactions value
$0
Form type
4
Filing time
08 Jun 2022, 15:14:57 UTC
Previous filing
07 Jun 2022
Next filing
09 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 Award $0 +28,804 +10% $0.000000 308,943 06 Jun 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 +29,210 $0.000000 29,210 06 Jun 2022 Common stock 29,210 $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 971 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.