TECUMSEH PRODUCTS CO 4
4 · TECUMSEH PRODUCTS CO · Filed Jan 22, 2014
Insider Transaction Report
Form 4
TECUMSEH PRODUCTS COTECUA
Savas Zachary E.
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2014-01-20+4,171.882→ 16,246.882 total - Disposition to Issuer
Class A Common Stock
2014-01-20$8.90/sh−4,171.882$37,130→ 12,075 total - Disposition to Issuer
Class A Common Stock
2014-01-20$8.90/sh−1,974.271$17,571→ 12,075 total - Disposition to Issuer
Class A Common Stock
2014-01-20$8.90/sh−9,371.221$83,404→ 12,075 total - Exercise/Conversion
Deferred stock units
2014-01-20−1,737.757→ 0 total→ Class A Common Stock (1,737.757 underlying) - Exercise/Conversion
Deferred stock units
2014-01-20−19,846.351→ 0 total→ Class A Common Stock (19,846.351 underlying) - Exercise/Conversion
Class A Common Stock
2014-01-20+19,846.351→ 31,921.351 total - Exercise/Conversion
Class A Common Stock
2014-01-20+9,371.221→ 21,446.221 total - Exercise/Conversion
Class A Common Stock
2014-01-20+1,737.757→ 13,812.757 total - Disposition to Issuer
Class A Common Stock
2014-01-20$8.90/sh−7,552.134$67,214→ 12,075 total - Exercise/Conversion
Deferred stock units
2014-01-20−4,171.882→ 0 total→ Class A Common Stock (4,171.882 underlying) - Disposition to Issuer
Class A Common Stock
2014-01-20$8.90/sh−1,737.757$15,466→ 12,075 total - Exercise/Conversion
Class A Common Stock
2014-01-20+1,974.271→ 14,049.271 total - Exercise/Conversion
Class A Common Stock
2014-01-20+7,552.134→ 19,627.134 total - Disposition to Issuer
Class A Common Stock
2014-01-20$8.90/sh−19,846.351$176,633→ 12,075 total - Exercise/Conversion
Deferred stock units
2014-01-20−1,974.271→ 0 total→ Class A Common Stock (1,974.271 underlying) - Exercise/Conversion
Deferred stock units
2014-01-20−7,552.134→ 0 total→ Class A Common Stock (7,552.134 underlying) - Exercise/Conversion
Deferred stock units
2014-01-20−9,371.221→ 0 total→ Class A Common Stock (9,371.221 underlying)
Holdings
- 200(indirect: By Children)
Class A Common Stock
- 9,600
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 fair market value of the Class A common stock, within 30 days of January 20, 2014, the date he ceased to be a non-employee director for any reason.