Davis-Blake Alison 4
4 · Tower International, Inc. · Filed Jun 11, 2019
Insider Transaction Report
Form 4
Davis-Blake Alison
Director
Transactions
- Award
Restricted Stock Units
2019-06-07+25.18→ 4,081.7 total→ Common Stock, Par Value $0.01 Per Share (25.18 underlying) - Award
Restricted Stock Units
2019-06-07+22.77→ 3,691.27 total→ Common Stock, Par Value $0.01 Per Share (22.77 underlying) - Award
Restricted Stock Units
2019-06-07+14.27→ 2,313.61 total→ Common Stock, Par Value $0.01 Per Share (14.27 underlying) - Award
Restricted Stock Units
2019-06-07+28.1→ 4,553.75 total→ Common Stock, Par Value $0.01 Per Share (28.1 underlying) - Award
Restricted Stock Units
2019-06-07+26.45→ 4,286.46 total→ Common Stock, Par Value $0.01 Per Share (26.45 underlying) - Award
Restricted Stock Units
2019-06-07+29.42→ 4,768.42 total→ Common Stock, Par Value $0.01 Per Share (29.42 underlying)
Footnotes (8)
- [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 vested RSUs associated with original award that have not yet settled, including vested but unsettled 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.
- [F5]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.
- [F6]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.
- [F7]These RSUs result from dividend equivalent units accrued as additional RSUs on 2019 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.
- [F8]Represents total unvested RSUs associated with original award, including unvested RSUs accrued in respect of dividend equivalent units.