Home > Insider Trading > Filing (0001144204-14-036865)

Filing Details

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
1550937	Paer Malmhagen	Tower International, Inc. 17672 Laurel Park Drive N., Suite 400E Livonia MI 48152	President, Europe	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	2014-06-09	5,161	$12.66	6,815	No	4	M	Direct
Common Stock, Par Value $0.01 Per Share	Disposition	2014-06-09	5,161	$32.96	1,654	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
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	Stock Option (Right to Purchase)	Disposition	2014-06-09	5,161	$0.00	5,161	$12.66

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
5,161		2022-06-01	No	4	M	Direct

Footnotes

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.92 to $33.10, 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.
15,484 stock options were granted to the reporting person on June 1, 2012, of which 10,323 (inclusive of previously reported exercises) were vested prior to the transaction date.
The remaining 5,161 stock options will vest on May 11, 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.