4//SEC Filing
NIEZER DEBRA A 4
Accession 0001437749-13-002152
CIK 0001072847other
Filed
Feb 27, 7:00 PM ET
Accepted
Feb 28, 4:41 PM ET
Size
5.7 KB
Accession
0001437749-13-002152
Insider Transaction Report
Form 4
NIEZER DEBRA A
Director
Transactions
- Award
Deferred Stock Units
2012-05-23+366→ 366 totalExercise: $0.00From: 2013-05-23Exp: 2013-05-23→ Common Stock (366 underlying)
Footnotes (3)
- [F1]Pursuant to registrant's Amendment No. 1 to 2006 Equity Incentive Plan, the reporting person on May 23, 2012 was granted an exempt award of Deferred Stock Units ("DSUs").
- [F2]The reporting person, by election, chose to receive her common stock, when converted from DSUs, at the expiration of one year following the date of the grant.
- [F3]Each whole DSU represents registrant's unsecured and unfunded obligation, upon the expiration of the reporting person's deferral period election, to convert and issue to the reporting person one share of registrant's common stock for each DSU. The DSUs are 100% vested on the grant date.
Documents
Issuer
TOWER FINANCIAL CORP
CIK 0001072847
Entity typeother
Related Parties
1- filerCIK 0001209275
Filing Metadata
- Form type
- 4
- Filed
- Feb 27, 7:00 PM ET
- Accepted
- Feb 28, 4:41 PM ET
- Size
- 5.7 KB