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4//SEC Filing

MELEGHY GYULA 4

Accession 0001144204-12-013044

CIK 0001485469other

Filed

Mar 4, 7:00 PM ET

Accepted

Mar 5, 8:17 PM ET

Size

9.2 KB

Accession

0001144204-12-013044

Insider Transaction Report

Form 4
Period: 2012-03-01
MELEGHY GYULA
President, Intl Operations
Transactions
  • Tax Payment

    Common Stock, par value $0.01 per share

    2012-03-01$12.74/sh1,011$12,880104,693 total
  • Exercise/Conversion

    Restricted Stock Units

    2012-03-012,1294,256 total
    Common Stock (2,129 underlying)
  • Exercise/Conversion

    Common Stock, par value $0.01 per share

    2012-03-01+2,129105,704 total
Footnotes (2)
  • [F1]Each restricted stock unit (collectively, the "RSUs") represents a contingent right to receive up to one share of the common stock, par value $0.01 per share (the "Common Stock") of Tower International, Inc. (the "Company").
  • [F2]On March 1, 2012, one-third of the 6,385 RSUs originally granted to the reporting person vested. The balance of the RSUs will vest ratably on March 1, 2013 and March 1, 2014; provided, however, that such RSUs will vest in full upon the occurrence of a "change in control" of the Company, as defined in the Tower International, Inc. 2010 Equity Incentive Plan (the "Plan"), or if the reporting person's employment terminates due to death or disability. There is no expiration date.

Issuer

Tower International, Inc.

CIK 0001485469

Entity typeother

Related Parties

1
  • filerCIK 0001319639

Filing Metadata

Form type
4
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 8:17 PM ET
Size
9.2 KB