0001140361-11-036214.txt : 20110708 0001140361-11-036214.hdr.sgml : 20110708 20110708160132 ACCESSION NUMBER: 0001140361-11-036214 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110706 FILED AS OF DATE: 20110708 DATE AS OF CHANGE: 20110708 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Bowser Scott L CENTRAL INDEX KEY: 0001459237 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-01373 FILM NUMBER: 11959381 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 X0303 4 2011-07-06 0 0000067347 MODINE MANUFACTURING CO MOD 0001459237 Bowser Scott L 1500 DEKOVEN AVE. RACINE WI 53403 0 1 0 0 Regional VP - Americas Common stock 2011-07-06 4 A 0 804 0.00 A 26323 D Common stock 2011-07-06 4 F 0 266 15.50 D 26057 D The performance period for Performance Stock under the long-term incentive compensation plan initiated in May 2008 terminated in calendar 2011. 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- earnings per share ("EPS") growth and total shareholder return ("TSR"). The Company's TSR, which measured the Company's performance relative to the performance of the Standard & Poor's 500, needed to be at the 35th percentile for awards to be earned at the Threshold level. The Company's TSR for the relevant period was at the 38.5th percentile at 0.84 percent, as measured by an independent third party. As a result, in accordance with the long-term incentive compensation plan, the Company issued shares of unrestricted stock at approximately 60 percent of the Target. This total includes 2419 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. Margaret C. Kelsey, Attorney in Fact 2011-07-08