4//SEC Filing
Schwentor Larry 4
Accession 0001144204-12-023324
CIK 0001485469other
Filed
Apr 23, 8:00 PM ET
Accepted
Apr 24, 8:44 AM ET
Size
9.0 KB
Accession
0001144204-12-023324
Insider Transaction Report
Form 4
Schwentor Larry
Director
Transactions
- Exercise/Conversion
Common Stock, par value $0.01 per share
2012-04-20+37,177→ 66,442 total - Disposition to Issuer
Common Stock, par value $0.01 per share
2012-04-20$11.16/sh−10,912$121,778→ 55,530 total - Exercise/Conversion
Restricted Stock Units
2012-04-20−37,177→ 0 total→ Common Stock (37,177 underlying)
Footnotes (2)
- [F1]Each restricted stock unit (collectively, the "RSUs") 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").
- [F2]On July 20, 2011, fifty percent (50%) of the 74,354 RSUs originally granted to the reporting person vested. On April 20, 2012, eighteen months after the consummation of the Company's initial public offering, the balance of the RSUs vested, 10,912 of the reporting person's RSUs were settled for cash, and the remaining 26,265 were settled in shares of common stock.
Documents
Issuer
Tower International, Inc.
CIK 0001485469
Entity typeother
Related Parties
1- filerCIK 0001491676
Filing Metadata
- Form type
- 4
- Filed
- Apr 23, 8:00 PM ET
- Accepted
- Apr 24, 8:44 AM ET
- Size
- 9.0 KB