SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 5)
Modine Manufacturing Company
----------------------------
(Name of Issuer)
Current Members of the Investment Committee
of Modine Manufacturing Company's Pension Trusts:
V. S. Frangopoulos
D. R. Johnson
W. E. Pavlick
D. B. Rayburn
A. D. Reid
-----------------------------------
(Names of Persons Filing Statement)
Common Stock, par value $0.625 per share
----------------------------------------
(Title of Class of Securities)
607828-100
--------------
(CUSIP Number)
March 31, 1999
-------------------------------------------------------
(Date of Event which Requires Filing of this Statement)
1(a)
<PAGE>
CUSIP NO. 607828-100
------------------------------
1) Names of Reporting Persons S. S. or I. R. S. Identification
Nos. of Above Persons
V. S. Frangopoulos
--------------------------------
2) Check the Appropriate Box if a Member of a Group
(a) X
-----------------------
(b)
-----------------------
3) SEC Use Only
-------------------------------------------------------
4) Citizenship U.S.
-------------------
Number of (5) Sole Voting Power 304,690
Shares Bene- ------------------
ficially (6) Shared Voting Power 1,410,080
Owned by ------------------
Each Report- (7) Sole Dispositive Power 304,690
ing Person ------------------
With (8) Shared Dispositive Power 1,410,080
------------------
9) Aggregate Amount Beneficially Owned by
Each Reporting Person 1,714,770
------------------
10) Check if the Aggregate Amount in Row (9) Excludes Certain
Shares
---------------------------------------------------
11) Percent of Class Represented by Amount in Row (9) 5.81%
--------
12) Type of Reporting Person EP, IN (As a member of the
-----------------------------------
Pension Trust Investment Committee and individually.)
------------------------------------------------------------
1(b)
<PAGE>
CUSIP NO. 607828-100
-------------------------
1) Names of Reporting Persons S. S. or I. R. S. Identification
Nos. of Above Persons
D. R. Johnson
-----------------------------
2) Check the Appropriate Box if a Member of a Group
(a) X
----------------------
(b)
----------------------
3) SEC Use Only
-------------------------------------------------------
4) Citizenship U.S.
---------------------
Number of (5) Sole Voting Power 266,401
Shares Bene- -------------------
ficially (6) Shared Voting Power 1,410,080
Owned by -------------------
Each Report- (7) Sole Dispositive Power 266,401
ing Person -------------------
With (8) Shared Dispositive Power 1,410,080
-------------------
9) Aggregate Amount Beneficially Owned by
Each Reporting Person 1,676,481
-------------------
10) Check if the Aggregate Amount in Row (9) Excludes Certain
Shares
-------------------------------------------------
11) Percent of Class Represented by Amount in Row (9) 5.68%
-------
12) Type of Reporting Person EP, IN (As a member of the
------------------------------------
Pension Trust Investment Committee and individually.)
-------------------------------------------------------------
1(c)
<PAGE>
CUSIP NO. 607828-100
-------------------------
1) Names of Reporting Persons S. S. or I. R. S. Identification
Nos. of Above Persons
W. E. Pavlick
---------------------------
2) Check the Appropriate Box if a Member of a Group
(a) X
-----------------------
(b)
-----------------------
3) SEC Use Only
-------------------------------------------------------
4) Citizenship U.S.
------------------
Number of (5) Sole Voting Power 287,935
Shares Bene- ------------------
ficially (6) Shared Voting Power 1,410,080
Owned by ------------------
Each Report- (7) Sole Dispositive Power 287,935
ing Person ------------------
With (8) Shared Dispositive Power 1,410,080
------------------
9) Aggregate Amount Beneficially Owned by
Each Reporting Person 1,698,015
------------------
10) Check if the Aggregate Amount in Row (9) Excludes Certain
Shares
------------------------------------------------
11) Percent of Class Represented by Amount in Row (9) 5.75%
-------
12) Type of Reporting Person EP, IN (As a member of the
---------------------------------
Pension Trust Investment Committee and individually.)
------------------------------------------------------------
1(d)
<PAGE>
CUSIP NO. 607828-100
---------------------------
1) Names of Reporting Persons S. S. or I. R. S. Identification
Nos. of Above Persons
D. B. Rayburn
----------------------------
2) Check the Appropriate Box if a Member of a Group
(a) X
---------------------
(b)
---------------------
3) SEC Use Only
--------------------------------------------------------
4) Citizenship U.S.
-----------------
Number of (5) Sole Voting Power 132,863
Shares Bene- -----------------
ficially (6) Shared Voting Power 1,410,080
Owned by -----------------
Each Report- (7) Sole Dispositive Power 132,863
ing Person -----------------
With (8) Shared Dispositive Power 1,410,080
-----------------
9) Aggregate Amount Beneficially Owned by
Each Reporting Person 1,542,943
-----------------
10) Check if the Aggregate Amount in Row (9) Excludes Certain
Shares
---------------------------------------------------
11) Percent of Class Represented by Amount in Row (9) 5.23%
-------
12) Type of Reporting Person EP, IN (As a member of the
-----------------------------------
Pension Trust Investment Committee and individually.)
-------------------------------------------------------------
1(e)
<PAGE>
CUSIP NO. 607828-100
-------------------------
1) Names of Reporting Persons S. S. or I. R. S. Identification
Nos. of Above Persons
A. D. Reid
--------------------
2) Check the Appropriate Box if a Member of a Group
(a) X
----------------------
(b)
-----------------------
3) SEC Use Only
-------------------------------------------------------
4) Citizenship Australia
----------------------
Number of (5) Sole Voting Power 154,335
Shares Bene- ----------------
ficially (6) Shared Voting Power 1,410,080
Owned by ----------------
Each Report- (7) Sole Dispositive Power 154,335
ing Person ----------------
With (8) Shared Dispositive Power 1,410,080
----------------
9) Aggregate Amount Beneficially Owned by
Each Reporting Person 1,564,415
----------------
10) Check if the Aggregate Amount in Row (9) Excludes Certain
Shares
-------------------------------------------------
11) Percent of Class Represented by Amount in Row (9) 5.30%
--------
12) Type of Reporting Person EP, IN (As a member of the
----------------------------------
Pension Trust Investment Committee and individually.)
-------------------------------------------------------------
1(f)
<PAGE>
Item 1(a). Name of Issuer:
- --------- --------------
Modine Manufacturing Company
Item 1(b). Address of Issuer's Principal Executive Offices:
- --------- -----------------------------------------------
1500 DeKoven Avenue
Racine, WI 53403
Item 2(a). Name of Person Filing:
- --------- ---------------------
Modine Manufacturing Company's Pension Trusts.
This statement is being filed by the members of
the Investment Committee defined in Modine's Pension
Trusts (the "Pension Trusts") in their capacities as
members of the Investment Committee.
Item 2(b). Address of Principal Business Office, or, if none, Residence:
- --------- ------------------------------------------------------------
1500 DeKoven Avenue
Racine, WI 53403
Item 2(c). Citizenship:
- --------- -----------
U.S.A.
Item 2(d). Title of Class of Securities:
- --------- ----------------------------
Common
<PAGE>
Item 2(e). CUSIP Number:
- --------- ------------
607828-100
Item 3: If this statement is filed pursuant to Rule 13d-1(b)
- ------
or 13d-2(b), check whether the person filing is a:
(a) [ ] Broker or dealer registered under section 15
of the Act.
(b) [ ] Bank as defined in section 3(a)(6) of the Act.
(c) [ ] Insurance company as defined in section 3(a)(19)
of the Act.
(d) [ ] Investment Company registered under section 8 of the
Investment Company Act.
(e) [ ] Investment adviser registered under section 203 of the
Investment Advisers Act of 1940.
(f) [X] Employee Benefit Plan, Pension Fund which is
subject to the provisions of the Employee Retirement
Income Security Act of 1974 or endowment fund; see
section 240.13d-1(b)(1)(ii)(F).
(g) [ ] Parent holding company, in accordance with
section 240.13d-1(b)(ii)(G).
<PAGE>
(h) [ ] groups, in accordance with section
240.13d-1(b)(1)(ii)(H).
Item 4. Ownership: Provide the following information
- ------ ---------
regarding the aggregate number and percentage of the class of
securities of the issuer identified in Item 1.
(a) Amount beneficially owned: See 1(b), 1(c), 1(d),
---
1(e) and 1(f).
(b) Percent of class: See 1(b), 1(c), 1(d), 1(e) and 1(f).
---
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
See 1(b), 1(c), 1(d), 1(e) and 1(f).
---
(ii) Shared power to vote or to direct the vote:
See 1(b), 1(c), 1(d), 1(e) and 1(f).
---
(iii) Sole power to dispose or to direct the disposition
of: See 1(b), 1(c), 1(d), 1(e) and 1(f).
---
(iv) Shared power to dispose or to direct the disposition
of: See 1(b), 1(c), 1(d), 1(e) and 1(f).
---
<PAGE>
Item 5. Ownership of Five Percent or Less of a Class.
- ------ --------------------------------------------
If this statement is being filed to report the
fact that as of the date hereof the reporting person
has ceased to be the beneficial owner of more than
five percent of the class of securities, check the
following [X].
Item 6. Ownership of More than Five Percent on Behalf of Another Person:
- ------ ---------------------------------------------------------------
Not applicable.
Item 7. Identification and Classification of the Subsidiary
- ------
Which Acquired the Security Being Reported on By the
Parent Holding Company:
Not applicable.
Item 8. Identification and Classification of Members of the
- ------ ---------------------------------------------------
Group:
-----
See attached exhibit.
---
Item 9. Notice of Dissolution of Group:
- ------ ------------------------------
Not applicable.
<PAGE>
Item 10. Certification:
- ------- -------------
By signing below I certify that, to the best of my
knowledge and belief, the securities referred to
above were acquired in the ordinary course of
business and were not acquired for the purpose of
and do not have the effect of changing or
influencing the control of the issuer of such
securities and were not acquired in connection with
or as a participant in any transaction having such
purpose or effect.
Signature:
D. R. JOHNSON June 1, 1999
- --------------------------------------------- ------------------
D. R. Johnson, President and Chief Executive Date
Officer and member of the Investment
Committee
V. S. FRANGOPOULOS June 1, 1999
- --------------------------------------------- ------------------
V. S. Frangopoulos, Group Vice President, Date
Off-Highway Products and member of the
Investment Committee
W. E. PAVLICK June 1, 1999
- --------------------------------------------- ------------------
W. E. Pavlick, Senior Vice President, General Date
Counsel and Secretary, and member of the
Investment Committee
D. B. RAYBURN June 1, 1999
- --------------------------------------------- ------------------
D. B. Rayburn, Executive Vice President Date
Original Equipment and a member of the
Investment Committee
A. D. REID June 1, 1999
- --------------------------------------------- -----------------
A. D. Reid, Vice President Finance and Chief Date
Financial Officer, and member of the
Investment Committee
<PAGE>
APPENDIX A
This statement is being filed by members of the Investment
Committee of Modine's Pension Trusts in their capacity as
Investment Committee members.
D. R. Johnson: Mr. Johnson is President and Chief Executive
Officer, Director of Modine, and a member of
the Investment Committee.
V. S. Frangopoulos: Mr. Frangopoulos is Group Vice President,
Off-Highway Products and a member of the
Investment Committee.
W. E. Pavlick: Mr. Pavlick is Senior Vice President,
General Counsel and Secretary of Modine, and
member of the Investment Committee.
D. B. Rayburn: Mr. Rayburn is Executive Vice President,
Original Equipment and member of the
Investment Committee.
A. D. Reid: Mr. Reid is Vice President - Finance, and
Chief Financial Officer of Modine, and
member of the Investment Committee.
The business address for Messrs. Johnson, Frangopoulos, Pavlick,
Rayburn and Reid and Modine Manufacturing Company is 1500 DeKoven
Avenue, Racine, Wisconsin 53403. Modine Manufacturing Company is a
manufacturer of heat-transfer products.
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