-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, KLM7ScaODXNHEvr3fna/gq7cK8a2Dyx0xO4bwBLwk71HpjJkMAZrJnNYbd+BJKCl bcnOuKeKuC9LfBZihNJUlg== 0001322853-05-000004.txt : 20050611 0001322853-05-000004.hdr.sgml : 20050611 20050526105644 ACCESSION NUMBER: 0001322853-05-000004 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050526 DATE AS OF CHANGE: 20050526 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TECUMSEH PRODUCTS CO CENTRAL INDEX KEY: 0000096831 STANDARD INDUSTRIAL CLASSIFICATION: AIR COND & WARM AIR HEATING EQUIP & COMM & INDL REFRIG EQUIP [3585] IRS NUMBER: 381093240 STATE OF INCORPORATION: MI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-30158 FILM NUMBER: 05858556 BUSINESS ADDRESS: STREET 1: 100 E PATTERSON ST CITY: TECUMSEH STATE: MI ZIP: 49286 BUSINESS PHONE: 5174238411 MAIL ADDRESS: STREET 1: 100 EAST PATTERSON STREET CITY: TECUMSEH STATE: MI ZIP: 49286 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Foyston, Gordon, & Payne Inc CENTRAL INDEX KEY: 0001322853 IRS NUMBER: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 151 YONGE STREET STREET 2: SUITE 1208 CITY: TORONTO STATE: A6 ZIP: M5C 2W7 BUSINESS PHONE: (416) 362-4725 MAIL ADDRESS: STREET 1: 151 YONGE STREET STREET 2: SUITE 1208 CITY: TORONTO STATE: A6 ZIP: M5C 2W7 SC 13D 1 tecumseh.htm SCHEDULE 13D

SCHEDULE 13D

Under the Securities and Exchange Act of 1934

(Amendment No. 1)

 

Tecumseh Products Company

(Name of Issuer)

 

Class A Common Stock

(Title of Class of Securities)

 

878895200

(CUSIP Number)

 

Mark Thompson

Foyston, Gordon & Payne Inc

(416-362-4725 ext. 228)

151 Yonge Street, Suite 1208

Toronto, Ontario

M5C 2W7

 

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

 

May 05, 2005

(Date of Event which Requires Filing of this Statement)

 

 

1.         Names of Reporting Persons.

            I.R.S. Identification Nos. of above persons (entities only).

 

            Foyston, Gordon & Payne Inc

 

2.         Check the Appropriate Box if a Member of a Group (See Instructions)

            A

            B  X

 

3.         SEC Use Only

 

4.         Source of Funds

 

            OO

 

5.         Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)

 

            ( )

6.         Citizenship or Place of Organization

 

            Toronto, Canada

 

7.         Sole Voting Power      

 

917,043

 

8.         Shared Voting Power    

 

9.         Sole Dispositive Power

 

917,043

 

10.       Shared Dispositive Power

 

11.       Aggregate Amount Beneficially Owned by Each Reporting Person

 

            917,043

 

12.       Check if the Aggregate Amount in Row (11) Excludes Certain Shares

 

            N/A

 

13.       Percent of Class Represented by Amount in Row (11)

 

            6.8%

 

14.       Type of Reporting Person

 

            IA

 

 

 

Item1. Security and Issuer

 

This filing pertains to the common stock of Tecumseh Products Company. The principal executive officers are located at:

 

   Tecumseh Products Company
   100 East Patterson
   Tecumseh, Michigan 49286

 

Item 2. Identity and Background

 

This filing is made by Foyston, Gordon & Payne Inc. which is a registered Investment Counsel. The offices of Foyston, Gordon & Payne Inc. are located at:

 

151 Yonge Street

Suite 1208

Toronto Ontario

M5C 2W7

 

During the last five years no individuals who are part of the Company have been convicted in a criminal proceeding nor were any individuals party to a civil proceeding.

 

Item 3. Source and Amount of Funds or Other Considerations

 

The source of funds for acquisitions are our clients accounts which are made available to Foyston, Gordon & Payne Inc. for the sole purpose of portfolio management. The amount of funds for each acquisition depends solely on the market price of the stock as quoted on the exchange on which it trades.

 

Item 4. Purpose of Transaction

 

As Portfolio Managers the purpose of acquisition of securities of the issuer is to provide a sound investment whereby we maximize returns for each of our clients.

(a) to (j) No plans or proposals.

 

Item 5. Interest in Securities of the Issuer

 

(a) As of May 20, 2005, Foyston, Gordon & Payne Inc. beneficially owned 917,043 shares of Tecumseh Products Company common stock (voting). This represents 6.8% of the total common stock (voting) outstanding (13.4 million shares).

(b) Foyston, Gordon & Payne Inc. has sole voting and dispositive power over the 917,043 shares.

(c) Listed below is a summary of transactions:

 

Buy      03/07/05          225      Shares              $ 41.30

Buy      03/09/05          100      Shares              $ 40.33

Sell       03/09/05          280      Shares              $ 39.89

Buy      03/11/05          840      Shares              $ 39.53

Buy      03/24/05          160      Shares              $ 39.53

Sell       04/14/05          110      Shares              $ 36.63

Buy      04/20/05          185      Shares              $ 35.81

Buy      04/26/05          240      Shares              $ 35.80

Buy      04/28/05          48,200 Shares              $ 34.83

Buy      04/29/05          25,000 Shares              $ 34.62

Buy      05/02/05          20,000 Shares              $ 34.82

Buy      05/03/05          27,850 Shares              $ 34.88

Buy      05/05/05          96,600 Shares              $ 29.98

Buy      05/06/05          8,010   Shares              $ 28.25

Buy      05/19/05          210      Shares              $ 27.87

 

(d) Not Applicable

(e) Not Applicable

 

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

 

There are no contracts, arrangements, understandings or relationships (legal or otherwise) among Foyston, Gordon & Payne Inc. with respect to any securities of the issuer.

 

Item 7. Material to be filed as exhibits

 

There are no exhibits

 

 

 

Signature

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

 

05/20/2005

Date

 

Signature

Mark Thompson/ Vice President

Name/Title

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