0001567619-21-011546.txt : 20210602 0001567619-21-011546.hdr.sgml : 20210602 20210602173309 ACCESSION NUMBER: 0001567619-21-011546 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: Miller Scott Arlan CENTRAL INDEX KEY: 0001688297 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-01373 FILM NUMBER: 21990370 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 0001688297 Miller Scott Arlan 1500 DEKOVEN AVE. RACINE WI 53403 0 1 0 0 VP, CIS Common stock 2021-05-28 4 A 0 3942 0 A 72663 D Common stock 2021-05-29 4 F 0 1148 17.59 D 71515 D Common stock 2021-05-30 4 F 0 746 17.59 D 70769 D Common stock 2021-06-01 4 F 0 580 18.13 D 70189 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. Shares disposed of in a private transaction to cover tax withholding. Sylvia A. Stein, Attorney in Fact 2021-06-02