0000899243-15-005195.txt : 20150922
0000899243-15-005195.hdr.sgml : 20150922
20150922162848
ACCESSION NUMBER: 0000899243-15-005195
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150921
FILED AS OF DATE: 20150922
DATE AS OF CHANGE: 20150922
ISSUER:
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
BUSINESS ADDRESS:
STREET 1: 5683 HINES DRIVE
CITY: ANN ARBOR
STATE: MI
ZIP: 48108
BUSINESS PHONE: 7345859500
MAIL ADDRESS:
STREET 1: 5683 HINES DRIVE
CITY: ANN ARBOR
STATE: MI
ZIP: 48108
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: KARP HAROLD M
CENTRAL INDEX KEY: 0001249544
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36417
FILM NUMBER: 151119611
MAIL ADDRESS:
STREET 1: ONE MEADOWLAND PLZ
CITY: E RUTHERFORD
STATE: NJ
ZIP: 07073
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2015-09-21
1
0000096831
TECUMSEH PRODUCTS CO
TECU
0001249544
KARP HAROLD M
5683 HINES DRIVE
ANN ARBOR
MI
48108
1
1
0
0
President and CEO
Common Shares
2015-09-21
4
U
0
16718
5.00
D
0
D
Employee Stock Option (right to buy)
3.32
2015-09-21
4
D
0
106292
1.68
D
2025-04-29
Common Shares
106292
0
D
Employee Stock Option (right to buy)
3.06
2015-09-21
4
D
0
106292
1.94
D
2024-12-05
Common Shares
106292
0
D
Deferred Stock Units
2015-09-21
4
D
0
1742.069
5.00
D
Common Shares
1742.069
0
D
The option vested in three equal annual installments beginning on April 29, 2016.
The option vested in three equal annual installments beginning on December 5, 2015.
Deferred stock units are the economic equivalent one common share (one share of Class A common stock before the Company's 2014 recapitalization). Each deferred stock unit is fully vested when made, except that a director will forfeit his or her Account if the director's service on the Board is terminated, voluntarily or involuntarily, for any "Reason" as defined in the Company's Outside Directors' Deferred Stock Unit Plan (generally breach of policies, failure to perform duties, conviction of various crimes, embezzlement or materially injuring the Company). The deferred stock units were originally to be paid out of the Director's Account in cash within 30 days after the earlier of a Company change in Control (as defined in the plan) or the date he or she ceases to be a non-employee director for any reason. In connection with the Company's merger, deferred stock units were cancelled in exchange for payment of the merger consideration in cash.
Harold M. Karp
2015-09-22