Filing Details
- Accession Number:
- 0001127602-17-007404
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-02-21 16:33:28
- Reporting Period:
- 2017-02-17
- Filing Date:
- 2017-02-21
- Accepted Time:
- 2017-02-21 16:33:28
- 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 |
---|---|---|---|---|---|---|---|
1491663 | Michael Rajkovic | C/O Tower International, Inc. 17672 Laurel Park Dr. North, Suite 400E Livonia MI 48152 | Evp & Coo | 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 | 2017-02-17 | 15,312 | $13.00 | 15,312 | No | 4 | M | Direct | |
Common Stock, Par Value $0.01 Per Share | Acquisiton | 2017-02-17 | 44,688 | $11.71 | 60,000 | No | 4 | M | Direct | |
Common Stock, Par Value $0.01 Per Share | Disposition | 2017-02-17 | 60,000 | $28.07 | 0 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | 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, Par Value $0.01 Per Share | Stock Options (right To Purchase) | Disposition | 2017-02-17 | 15,312 | $0.00 | 15,312 | $13.00 |
Common Stock, Par Value $0.01 Per Share | Stock Options (right To Purchase) | Disposition | 2017-02-17 | 44,688 | $0.00 | 44,688 | $11.71 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2020-10-14 | No | 4 | M | Direct | |
0 | 2022-03-06 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock, Par Value $0.01 Per Share | 79,822 | Indirect | As Trustee Of The Miljko Rajkovic Living Trust |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.00 to $28.25, 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.
- 45,938 stock options were granted to the reporting person on October 14, 2010, of which all (inclusive of previously reported exercises) were vested prior to the transaction date.
- The reporting person previously reported his stock options, including those referenced in this Form 4, as indirectly owned through the Miljko Rajkovic Living Trust. All of the reporting person's stock options are directly owned by the reporting person.
- 67,033 stock options were granted to the reporting person on March 6, 2012, of which all (inclusive of previously reported exercises) were vested prior to the transaction date.