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4//SEC Filing

Wainright James 4

Accession 0001209191-11-039738

CIK 0000096831other
View on SEC.govCompany Profile

Filed

Jul 17, 8:00 PM ET

Accepted

Jul 18, 8:00 AM ET

Size

14.1 KB

Accession

0001209191-11-039738

Insider Transaction Report

Form 4
Period: 2011-07-15
TECUMSEH PRODUCTS COTECUA
Wainright James
President and CEO
Transactions
  • Disposition to Issuer

    Stock appreciation rights

    2011-07-15−19,212→ 0 total
    Exercise: $12.86Exp: 2017-01-04→ Class A Common Stock (19,212 underlying)
  • Disposition to Issuer

    Stock appreciation rights

    2011-07-15−10,389→ 0 total
    Exercise: $28.82Exp: 2015-03-04→ Class A Common Stock (10,389 underlying)
  • Disposition to Issuer

    Phantom shares

    2011-07-15−17,378→ 0 total
    From: 2012-01-02Exp: 2012-01-02→ Class A Common Stock (17,378 underlying)
  • Disposition to Issuer

    Phantom shares

    2011-07-15−15,552→ 0 total
    From: 2013-01-04Exp: 2013-01-04→ Class A Common Stock (15,552 underlying)
  • Disposition to Issuer

    Stock appreciation rights

    2011-07-15−28,045→ 0 total
    Exercise: $10.07Exp: 2016-01-02→ Class A Common Stock (28,045 underlying)
Footnotes (5)
  • [F1]The stock appreciation right vests in three equal annual installments beginning on January 4, 2011.
  • [F2]On July 15, 2011, the reporting person's employment terminated and pursuant to a General Release of All Claims, dated as of May 4, 2011, he will receive $1,350,000 in exchange for, among other things, a release from all claims, rights and liabilities arising out of his employment relationship with Tecumseh Products Company, including his previously vested and yet-to-be vested stock appreciation rights as well as yet-to-be vested phantom shares.
  • [F3]Each phantom share is the economic equivalent of one share of Class A common stock.
  • [F4]The stock appreciation right vests in three equal annual installments beginning on January 2, 2010.
  • [F5]The stock appreciation right vests in three equal annual installments beginning on March 4, 2009.

Documents

1 file

Issuer

TECUMSEH PRODUCTS CO

CIK 0000096831

→
Entity typeother

Related Parties

1
  • filerCIK 0001427132

Filing Metadata

Form type
4
Filed
Jul 17, 8:00 PM ET
Accepted
Jul 18, 8:00 AM ET
Size
14.1 KB
View on SEC.gov