0001127602-19-010605.txt : 20190308
0001127602-19-010605.hdr.sgml : 20190308
20190308163112
ACCESSION NUMBER: 0001127602-19-010605
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190306
FILED AS OF DATE: 20190308
DATE AS OF CHANGE: 20190308
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: GOUIN JAMES C
CENTRAL INDEX KEY: 0001258325
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34903
FILM NUMBER: 19669512
MAIL ADDRESS:
STREET 1: TOWER INTERNATIONAL, INC.
STREET 2: 17672 LAUREL PARK DRIVE N., SUITE 400E
CITY: LIVONIA
STATE: MI
ZIP: 48152
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Tower International, Inc.
CENTRAL INDEX KEY: 0001485469
STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714]
IRS NUMBER: 208879584
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 17672 LAUREL PARK DRIVE NORTH
STREET 2: SUITE 400E
CITY: LIVONIA
STATE: MI
ZIP: 48152
BUSINESS PHONE: 248-675-6000
MAIL ADDRESS:
STREET 1: 17672 LAUREL PARK DRIVE NORTH
STREET 2: SUITE 400E
CITY: LIVONIA
STATE: MI
ZIP: 48152
FORMER COMPANY:
FORMER CONFORMED NAME: Tower Automotive, LLC
DATE OF NAME CHANGE: 20100225
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2019-03-06
0001485469
Tower International, Inc.
TOWR
0001258325
GOUIN JAMES C
C/O TOWER INTERNATIONAL, INC.
17672 LAUREL PARK DR. NORTH, SUITE 400E
LIVONIA
MI
48152
1
Chief Executive Officer
Common Stock, Par Value $0.01 Per Share
2019-03-06
4
M
0
2375.98
A
125843.99
D
Common Stock, Par Value $0.01 Per Share
2019-03-06
4
F
0
664.99
25.32
D
125179
D
Common Stock, Par Value $0.01 Per Share
2019-03-06
4
M
0
7337
A
132516
D
Common Stock, Par Value $0.01 Per Share
2019-03-06
4
F
0
2103
25.32
D
130413
D
Common Stock, Par Value $0.01 Per Share
2019-03-06
4
M
0
19366.27
A
149779.27
D
Common Stock, Par Value $0.01 Per Share
2019-03-06
4
F
0
5542.27
25.32
D
144237
D
Restricted Stock Units
2019-03-06
4
A
0
59242
0
A
Common Stock, Par Value $0.01 Per Share
59242
59242
D
Restricted Stock Units
2019-03-06
4
M
0
2375.98
D
Common Stock, Par Value $0.01 Per Share
2375.98
0
D
Restricted Stock Units
2019-03-06
4
M
0
7337
D
Common Stock, Par Value $0.01 Per Share
7337
7337.02
D
Restricted Stock Units
2019-03-06
4
M
0
19366.27
D
Common Stock, Par Value $0.01 Per Share
19366.27
38731.52
D
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").
These RSUs will vest ratably on March 6, 2020, March 6, 2021, and March 6, 2022; provided, however, that such RSUs will vest in full upon the occurrence of a "change in control" of the Company, as defined in the Tower International, Inc. 2010 Equity Incentive Plan (the "Plan"), or if the reporting person's employment terminates due to death or disability. There is no expiration date.
The final one-third of the RSUs originally granted to the reporting person on March 4, 2016, including the dividend equivalent units (DEUs) accrued as additional RSUs in respect thereof, vested. The RSUs had no expiration date.
One-third of the RSUs originally granted to the reporting person on March 6, 2017, including a proportional amount of the DEUs accrued as additional RSUs in respect thereof, vested. The balance of the RSUs (including such proportional amount of the DEUs accrued in respect thereof), will vest on March 6, 2020; provided, however, that such RSUs will vest in full upon the occurrence of a "change in control" of the Company, as defined in the Plan, or if the reporting person's employment terminates due to death or disability. There is no expiration date.
One-third of the RSUs originally granted to the reporting person on March 6, 2018, including a proportional amount of the DEUs accrued as additional RSUs in respect thereof, vested. The balance of the RSUs (including such proportional amount of the DEUs accrued in respect thereof), will vest ratably on March 6, 2020 and March 6, 2021; provided, however, that such RSUs will vest in full upon the occurrence of a "change in control" of the Company, as defined in the Plan, or if the reporting person's employment terminates due to death or disability. There is no expiration date.
/s/ Peter Ehrenberg, Attorney-in-Fact
2019-03-08