4//SEC Filing
TOWER FINANCIAL CORP 4
Accession 0001437749-13-011192
CIK 0001072847operating
Filed
Aug 21, 8:00 PM ET
Accepted
Aug 22, 8:13 AM ET
Size
5.1 KB
Accession
0001437749-13-011192
Insider Transaction Report
Form 4
NIEZER WILLIAM G
Director
Transactions
- Award
Common Stock
2013-08-22+2→ 33,820 total
Footnotes (2)
- [F1]Represents the number of additional deferred stock units (DSUs) resulting from a deemed dividend equivalent payment credited to the reporting person's account in connection with the Tower Financial Corporations 2006 Equity Incentive Plan. The number of additional DSUs have been calculated by dividing the dividend equivalent dollar amount by the market price of the Company's common stock at the close of business on the day prior to the applicable payment date ($15.50).
- [F2]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)).
Documents
Issuer
TOWER FINANCIAL CORP
CIK 0001072847
Entity typeoperating
IncorporatedIN
Related Parties
1- filerCIK 0001072847
Filing Metadata
- Form type
- 4
- Filed
- Aug 21, 8:00 PM ET
- Accepted
- Aug 22, 8:13 AM ET
- Size
- 5.1 KB