4//SEC Filing
Rajkovic Michael 4
Accession 0001127602-18-027356
CIK 0001485469other
Filed
Sep 10, 8:00 PM ET
Accepted
Sep 11, 4:45 PM ET
Size
10.9 KB
Accession
0001127602-18-027356
Insider Transaction Report
Form 4
Rajkovic Michael
EVP & COO
Transactions
- Award
Restricted Stock Units
2018-09-07+11.14→ 3,083.81 total→ Common Stock, Par Value $0.01 Per Share (11.14 underlying) - Award
Restricted Stock Units
2018-09-07+18.78→ 5,199.68 total→ Common Stock, Par Value $0.01 Per Share (18.78 underlying) - Award
Restricted Stock Units
2018-09-07+49.58→ 13,726.53 total→ Common Stock, Par Value $0.01 Per Share (49.58 underlying)
Footnotes (4)
- [F1]These restricted stock units ("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 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 2017 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 2018 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 typeother
Related Parties
1- filerCIK 0001491663
Filing Metadata
- Form type
- 4
- Filed
- Sep 10, 8:00 PM ET
- Accepted
- Sep 11, 4:45 PM ET
- Size
- 10.9 KB