Filing Details
- Accession Number:
- 0001144204-13-042980
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-08-05 16:02:32
- Reporting Period:
- 2013-08-01
- Filing Date:
- 2013-08-05
- Accepted Time:
- 2013-08-05 16:02:32
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1485469 | Tower International Inc. | TOWR | Motor Vehicle Parts & Accessories (3714) | 208879584 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1515093 | James Bernard | C/O Tower International, Inc. 17672 Laurel Park Dr. North, Suite 400E Livonia MI 48152 | President, Americas | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock, Par Value $0.01 Per Share | Acquisiton | 2013-08-01 | 10,612 | $11.71 | 10,612 | No | 4 | M | Direct | |
Common Stock, Par Value $0.01 Per Share | Disposition | 2013-08-01 | 10,612 | $22.50 | 0 | No | 4 | S | Direct | |
Common Stock, Par Value $0.01 Per Share | Acquisiton | 2013-08-02 | 996 | $11.71 | 996 | No | 4 | M | Direct | |
Common Stock, Par Value $0.01 Per Share | Disposition | 2013-08-02 | 996 | $22.50 | 0 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 4 | M | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common | Stock Option (Right to Purchase) | Disposition | 2013-08-01 | 10,612 | $0.00 | 10,612 | $11.71 |
Common | Stock Option (Right to Purchase) | Disposition | 2013-08-02 | 996 | $0.00 | 996 | $11.71 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
24,210 | 2022-03-06 | No | 4 | M | Direct | |
23,214 | 2022-03-06 | No | 4 | M | Direct |
Footnotes
- This price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.50 to $22.515, inclusive. The reporting person undertakes to provide to Tower International, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- 34,822 stock options were granted to the reporting person on March 6, 2012, of which 11,608 were vested prior to the transaction date.
- The remaining 23,214 stock options will vest ratably on March 6, 2014 and March 6, 2015; provided, however, that such stock options will also vest in full upon the occurrence of a "change in control" of the Company, as defined in the Company's 2010 Equity Incentive Plan.