0001567619-21-011545.txt : 20210602
0001567619-21-011545.hdr.sgml : 20210602
20210602173215
ACCESSION NUMBER: 0001567619-21-011545
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210528
FILED AS OF DATE: 20210602
DATE AS OF CHANGE: 20210602
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: McBurney Matthew J
CENTRAL INDEX KEY: 0001581842
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-01373
FILM NUMBER: 21990368
MAIL ADDRESS:
STREET 1: 1500 DEKOVEN AVE.
CITY: RACINE
STATE: WI
ZIP: 53403
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: MODINE MANUFACTURING CO
CENTRAL INDEX KEY: 0000067347
STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714]
IRS NUMBER: 390482000
STATE OF INCORPORATION: WI
FISCAL YEAR END: 0331
BUSINESS ADDRESS:
STREET 1: 1500 DEKOVEN AVE
CITY: RACINE
STATE: WI
ZIP: 53403
BUSINESS PHONE: 2626361200
MAIL ADDRESS:
STREET 1: 1500 DEKOVEN AVE
CITY: RACINE
STATE: WI
ZIP: 53403
4
1
doc1.xml
FORM 4
X0306
4
2021-05-28
0
0000067347
MODINE MANUFACTURING CO
MOD
0001581842
McBurney Matthew J
1500 DEKOVEN AVE.
RACINE
WI
53403
0
1
0
0
VP, Building HVAC
Common stock
2021-05-28
4
A
0
2428
0
A
65942
D
Common stock
2021-05-29
4
F
0
803
17.59
D
65139
D
Common stock
2021-05-30
4
F
0
321
17.59
D
64818
D
Common stock
2021-06-01
4
F
0
361
18.13
D
64457
D
The performance period for Performance Stock under the long-term incentive compensation plan initiated in May 2018 terminated in calendar 2021. The amount of the award varied based upon the achievement of Threshold, Target or Maximum levels. Under that plan, the Company used two measures to determine the payouts: Cash Flow Return on Invested Capital (CFROIC) and Average Annual Revenue Growth. The Company's CFROIC for the performance period was 11.1% which exceeded the Target level for that performance measure. As a result, in accordance with the long-term incentive compensation plan, the Company issued shares of unrestricted stock at approximately 59% of the Target.
This total includes 271 units of Modine common stock held in the Reporting Person's Modine 401(k) Retirement Plan account.
Shares disposed of in a private transaction to cover tax withholding.
Sylvia A. Stein, Attorney in Fact
2021-06-02