4//SEC Filing
Herrick Kent B 4
Accession 0001209191-10-003190
CIK 0000096831other
Filed
Jan 13, 7:00 PM ET
Accepted
Jan 14, 4:33 PM ET
Size
14.0 KB
Accession
0001209191-10-003190
Insider Transaction Report
Form 4
TECUMSEH PRODUCTS COTECUATECUB
Herrick Kent B
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2009-08-28+1,711.23→ 1,711.23 total - Exercise/Conversion
Class A Common Stock
2009-08-28+4,232.804→ 4,232.804 total - Disposition to Issuer
Class A Common Stock
2009-08-28$9.79/sh−4,232.804$41,439→ 0 total - Exercise/Conversion
Deferred stock units
2009-08-28−1,711.23→ 0 totalFrom: 2008-01-01→ Class A Common Stock (1,711.23 underlying) - Exercise/Conversion
Deferred stock units
2009-08-28−4,232.804→ 0 totalFrom: 2009-01-01→ Class A Common Stock (4,232.804 underlying) - Disposition to Issuer
Class A Common Stock
2009-08-28$9.79/sh−1,711.23$16,753→ 0 total
Footnotes (2)
- [F1]Each Deferred Stock Unit is the economic equivalent of one share of Class A Common Stock. The Units were settled for cash.
- [F2]Pursuant to the Outside Directors' Deferred Stock Unit Plan (the "DSU Plan"), DSU awards are payable in cash at the then current market value of the Class A Common Stock, promptly after the sooner of the (1) Eligible Director's Determination Date (generally, the date he or she ceases to be a non-employee director for any reason), or (2) a Company Change of Control, both of which are defined in the DSU Plan. A director wil forfeit his or her account if the director's service on the Board is terminated, voluntarily or otherwise, for any "reason" as defined in the DSU Plan. The August 28, 2009 election of four director nominees whose appointment was not endorsed by a majority of the members of the Board before the date of the appointment or election satisfied the definition of Company Change of Control under the DSU Plan.
Documents
Issuer
TECUMSEH PRODUCTS CO
CIK 0000096831
Entity typeother
Related Parties
1- filerCIK 0001313517
Filing Metadata
- Form type
- 4
- Filed
- Jan 13, 7:00 PM ET
- Accepted
- Jan 14, 4:33 PM ET
- Size
- 14.0 KB