Tower Group International, Ltd. 4
4 · Tower Group International, Ltd. · Filed Sep 15, 2014
Insider Transaction Report
Form 4
SMITH ROBERT S
Director
Transactions
- Disposition from Tender
Common Stock-par value @ $0.01 per share
2014-09-15$2.50/sh−13,982$34,955→ 0 total - Disposition from Tender
Employee Stock Option (right to buy)
2014-09-15−4,680→ 0 totalExercise: $16.28Exp: 2016-04-01→ Common Stock-par value @ $0.01 per share (4,680 underlying) - Disposition from Tender
Employee Stock Option (right to buy)
2014-09-15−13,159→ 0 totalExercise: $23.61Exp: 2017-03-22→ Common Stock-par value @ $0.01 per share (13,159 underlying)
Footnotes (3)
- [F1]The reporting person is not exercising the stock option upon the change in control as the exercise price per share exceeds the purchase price per share.
- [F2]This option vested one third each on June 1, 2007, August 1, 2008 and October 1, 2009.
- [F3]This option vested one third each on May 22, 2008, July 22, 2009 and September 22, 2010.