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FORM 4
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|_| Check this box if no longer subject to
Section 16. Form 4 or Form 5 obligations
may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange
Act of 1934, Section 17(a) of the Public Utility Holding Company
Act of 1935 or Section 30(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Ontario Teachers' Pension Plan Board
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(Last) (First) (Middle)
5650 Yonge Street
Suite 300
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(Street)
Toronto, Ontario M2M 4H5
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(City) (State) (Zip)
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2. Issuer Name and Ticket or Trading Symbol
International Comfort Products Corporation (ICP)
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3. IRS or Social Security Number of
Reporting Person (Voluntary)
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4. Statement for Month/Year
1/99
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5. If Amendment, Date of Original (Month/Year)
N/A
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6. Relationship of Reporting Person to Issuer
(Check all applicable)
Director x 10% Owner
----- -----
Officer (give x Other (specify
----- title below) ----- below)
May be deemed to be a director by deputization
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7. Individual or Joint/Group Filing (Check applicable line)
x Form filed by One Reporting Person
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Form filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Acquired,
Disposed of, or Beneficially Owned
<TABLE>
<CAPTION>
=================================================================================================================================
<S> <C> <C> <C> <C> <C> <C>
1. Title of 2. Transaction 3. Transaction 4. Securities Acquired 5. Amount of 6. Ownership 7. Nature of
Security Date Code (A) or Disposed of (D) Securities Form: Direct Indirect
(Instr. 3) (Month/Day/Year) (Instr. 8) (Instr. 3, 4 and 5) Beneficially (D) or Beneficial
Owned at End of Indirect (I) Ownership
----------- ------------------------ Month (Instr. 4) (Instr. 4)
(A) or (Instr. 3 and 4)
Code V Amount (D) Price
--------- --------------- ---- ----- -------- ------ ----- ---------------- ----------- -----------
Ordinary Shares 1/15/99 J(1) V 864 A $6.94 7,915,143 D N/A
- ---------------------------------------------------------------------------------------------------------------------------------
</TABLE>
* If the Form is filed by more than one Reporting Person, see
Instructions 4(b)(v)
Reminder: Report on a separate line for each class of securities
beneficially owned directly or indirectly.
(Print or Type Responses)
SEC 1474 (3/91)
<PAGE>
FORM 4 (continued)
<TABLE>
<CAPTION>
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<S> <C> <C> <C> <C> <C>
1. Title of 2. Conver- 3. Trans- 4. Transac- 5. Number of Deriva- 6. Date Exercis-
Derivative sion or action tion tive Securities Ac- able and Expi-
Security Exer- Date Code quired (A) or Dis- ration Date
(Instr. 3) cise (Month/ (Instr. 8) posed of (D) (Month/Day/
Price of Day/ (Instr. 3, 4 and 5) Year)
Deriva- Year) ------------------
tive Se- Date Expira-
curity ------------------- Exer- tion
Code V (A) (D) cisable Date
------------ -------- -------- ---- ----- -------- ----- -------- --------
</TABLE>
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
7. Title and Amount of 8. Price of 9. Number of 10. Ownership Form 11. Nature of
Underlying Securities Derivative Derivative of Derivative Indirect
(Instr. 3 and 4) Security Securities Security: Direct Beneficial
(Instr. 5) Beneficially (D) or Indirect Ownership
- -------------------------- Owned at End (I) (Instr. 4)
Amount or of Month (Instr. 4)
Number of (Instr. 4)
Title Shares
- ----------- -------- --------- ------------ ---------------- ----------
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</TABLE>
Explanation of Responses:
(1) These shares, which were received under the issuer's Director Compensation
Plan by Roy T. Graydon, an employee of Ontario Teachers' Pension Plan Board
("OTPP") serving as a director of the issuer, were assigned to OTPP.
(2) OTPP disclaims beneficial ownership of any Ordinary Shares directly
beneficially owned by Mr. Graydon.
** Intentional misstatements or omissions of facts constitute
Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C.
78ff(a).
Note: File three copies of this Form, one of which must be
manually signed. If space is insufficient, see Instruction 6
for procedure.
/s/ Jane Beatty
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** Signature of Date 2/17/99
Reporting Person
Name: Jane Beatty
Title: Legal Counsel,
Investments
