Sylvia Ann Stein - Jun 6, 2022 Form 4 Insider Report for MODINE MANUFACTURING CO (MOD)

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, 03:17 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 +12.9K +27.11% $0.00 60.5K Jun 6, 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 +13.1K $0.00 13.1K Jun 6, 2022 Common stock 13.1K $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.