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4//SEC Filing

Tower Group International, Ltd. 4

Accession 0001209191-13-045136

CIK 0001289592operating

Filed

Sep 19, 8:00 PM ET

Accepted

Sep 20, 5:24 PM ET

Size

8.8 KB

Accession

0001209191-13-045136

Insider Transaction Report

Form 4
Period: 2013-09-18
Lee Michael H
DirectorChairman, President & CEO10% Owner
Transactions
  • Sale

    Common Stock-par value @ $0.01 per share

    2013-09-18$10.16/sh1,167,659$11,866,5682,363,727 total
  • Sale

    Common Stock-par value @ $0.01 per share

    2013-09-18$12.28/sh9,900$121,5972,297,926 total
  • Sale

    Common Stock-par value @ $0.01 per share

    2013-09-18$11.16/sh55,901$623,8552,307,826 total
Footnotes (5)
  • [F1]These sales were required and effected by a financial institution in accordance with the acceleration of repayment obligations pursuant to a loan agreement under which these shares were pledged as collateral.
  • [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.91 to $10.90, inclusive.
  • [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.91 to $11.90, inclusive.
  • [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.91 to $12.39, inclusive.
  • [F5]The reporting person undertakes to provide to Tower Group International, Ltd., any security holder of Tower Group International, Ltd., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Issuer

Tower Group International, Ltd.

CIK 0001289592

Entity typeoperating
IncorporatedBermuda

Related Parties

1
  • filerCIK 0001289592

Filing Metadata

Form type
4
Filed
Sep 19, 8:00 PM ET
Accepted
Sep 20, 5:24 PM ET
Size
8.8 KB