Flynn Mark R. 4
4 · Tower International, Inc. · Filed Sep 11, 2018
Insider Transaction Report
Form 4
Flynn Mark R.
SVP, Global Human Resources
Transactions
- Award
Restricted Stock Units
2018-09-07+12.48→ 3,456.07 total→ Common Stock, Par Value $0.01 Per Share (12.48 underlying)
Footnotes (2)
- [F1]These restricted stock units ("RSUs") result from dividend equivalent units accrued as additional RSUs on 2018 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.