Goldberg David M 4
4 · TECUMSEH PRODUCTS CO · Filed Jul 15, 2011
Insider Transaction Report
Form 4
TECUMSEH PRODUCTS COTECUA
Goldberg David M
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2011-07-10+5,846.814→ 6,346.814 total - Exercise/Conversion
Class A Common Stock
2011-07-10+2,701.477→ 3,201.477 total - Disposition to Issuer
Class A Common Stock
2011-07-10$10.23/sh−2,701.477$27,636→ 500 total - Disposition to Issuer
Class A Common Stock
2011-07-10$10.23/sh−1,528.468$15,636→ 500 total - Exercise/Conversion
Deferred stock units
2011-07-10−2,701.477→ 0 total→ Class A Common Stock (2,701.477 underlying) - Exercise/Conversion
Deferred stock units
2011-07-10−1,528.468→ 0 total→ Class A Common Stock (1,528.477 underlying) - Exercise/Conversion
Class A Common Stock
2011-07-10+1,528.468→ 2,028.468 total - Disposition to Issuer
Class A Common Stock
2011-07-10$10.23/sh−5,846.814$59,813→ 500 total - Exercise/Conversion
Deferred stock units
2011-07-10−5,846.814→ 0 total→ Class A Common Stock (5,846.814 underlying)
Holdings
- 1,050(indirect: By Spouse)
Class A Common Stock
- 500
Class B Common Stock
- 1,000(indirect: By Spouse)
Class B Common Stock
Footnotes (1)
- [F1]Each deferred stock unit was the economic equivalent of one share of Class A common stock. Each award of deferred stock units was fully vested when made, except that a director would forfeit his or her Account if the director's service on the Board was 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 will be paid out of the director's Account in cash, based on the current market value of the Class A common stock, within 30 days after July 10, 2011, the date he ceased to be a non-employee director for any reason.