Home/Filings/4/0001437749-13-005648
4//SEC Filing

CALLEN KATHRYN D 4

Accession 0001437749-13-005648

CIK 0001072847other

Filed

May 8, 8:00 PM ET

Accepted

May 9, 4:26 PM ET

Size

7.8 KB

Accession

0001437749-13-005648

Insider Transaction Report

Form 4
Period: 2013-05-08
Transactions
  • Award

    Common Stock

    2013-05-08+48915,402 total
  • Other

    Deferred Stock Units

    2013-05-094100 total
    Exercise: $0.00From: 2013-05-25Exp: 2013-05-25Common Stock (410 underlying)
Holdings
  • Common Stock

    (indirect: By Children)
    5,500
Footnotes (3)
  • [F1]Pursuant to registrant's Amendment No. 1 to 2006 Equity Incentive Plan, the reporting person on May 8, 2013 was granted an exempt award of 489 Deferred Stock Units ("DSUs") reportable as directly owned shares of common stock, rather than as a derivative security in Table II, because any and all underlying DSUs are payable, at such time as they are to be settled, solely in common stock. (See Lincoln National Corp. (March 20, 1992) (Q.3)).
  • [F2]Includes the addition of 410 DSUs previously reported in Table II of Form 4, and hereby moved from Table II to Table I, by virtue of footnote (1).
  • [F3]The DSUs previously reported in Table II have now been moved to Table I and reported as directly owned shares of common stock and will be reported as such in the future until the underlying DSUs are settled at the end of their deferral period.

Issuer

TOWER FINANCIAL CORP

CIK 0001072847

Entity typeother

Related Parties

1
  • filerCIK 0001209268

Filing Metadata

Form type
4
Filed
May 8, 8:00 PM ET
Accepted
May 9, 4:26 PM ET
Size
7.8 KB