4//SEC Filing
Tower International, Inc. 4
Accession 0001127602-16-055427
CIK 0001485469operating
Filed
Jun 12, 8:00 PM ET
Accepted
Jun 13, 4:24 PM ET
Size
10.9 KB
Accession
0001127602-16-055427
Insider Transaction Report
Form 4
Bernard James
SVP, Sales & Business Dev.
Transactions
- Award
Restricted Stock Units
2016-06-10+9.92→ 2,321.13 total→ Common Stock, Par Value $0.01 Per Share (9.92 underlying) - Award
Restricted Stock Units
2016-06-10+18.26→ 4,274.26 total→ Common Stock, Par Value $0.01 Per Share (18.26 underlying) - Award
Restricted Stock Units
2016-06-10+4.9→ 1,147.91 total→ Common Stock, Par Value $0.01 Per Share (4.9 underlying)
Footnotes (4)
- [F1]These restricted stock units ("RSUs") result from dividend equivalent units accrued as additional RSUs on 2014 RSU award. Each RSU represents a contingent right to receive one share of the common stock, par value $0.01 per share (the "Common Stock"), of Tower International, Inc. (the "Company"). RSUs resulting from dividend equivalents vest and settle, at the same time and on the same terms and conditions, with the underlying RSUs to which they relate. There is no expiration date.
- [F2]Represents total unvested RSUs associated with original award, including unvested RSUs accrued in respect of dividend equivalent units.
- [F3]These RSUs result from dividend equivalent units accrued as additional RSUs on 2015 RSU award. Each RSU represents a contingent right to receive one share of the Company's Common Stock. RSUs resulting from dividend equivalents vest and settle, at the same time and on the same terms and conditions, with the underlying RSUs to which they relate. There is no expiration date.
- [F4]These RSUs result from dividend equivalent units accrued as additional RSUs on 2016 RSU award. Each RSU represents a contingent right to receive one share of the Company's Common Stock. RSUs resulting from dividend equivalents vest and settle, at the same time and on the same terms and conditions, with the underlying RSUs to which they relate. There is no expiration date.
Documents
Issuer
Tower International, Inc.
CIK 0001485469
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001485469
Filing Metadata
- Form type
- 4
- Filed
- Jun 12, 8:00 PM ET
- Accepted
- Jun 13, 4:24 PM ET
- Size
- 10.9 KB