Adrian Ian Peace - 06 Jun 2022 Form 4 Insider Report for MODINE MANUFACTURING CO (MOD)

Signature
/s/ Michael B, Lucareli, Attorney in Fact
Issuer symbol
MOD
Transactions as of
06 Jun 2022
Net transactions value
$0
Form type
4
Filing time
08 Jun 2022, 15:16:32 UTC
Previous filing
27 Aug 2021
Next filing
29 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MOD Common stock Award $0 +14,046 +183% $0.000000 21,719 06 Jun 2022 Direct F1

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 +14,243 $0.000000 14,243 06 Jun 2022 Common stock 14,243 $12.28 Direct F2
* 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 option will vest as follows: 33% on 6/6/2023, 33% on 6/6/2024 and the remaining 34% on 6/6/2025.