X0306 4 2017-02-17 0001485469 Tower International, Inc. TOWR 0001491663 Rajkovic Michael C/O TOWER INTERNATIONAL, INC. 17672 LAUREL PARK DR. NORTH, SUITE 400E LIVONIA MI 48152 1 EVP & COO Common Stock, Par Value $0.01 Per Share 2017-02-17 4 M 0 15312 13.00 A 15312 D Common Stock, Par Value $0.01 Per Share 2017-02-17 4 M 0 44688 11.71 A 60000 D Common Stock, Par Value $0.01 Per Share 2017-02-17 4 S 0 60000 28.07 D 0 D Common Stock, Par Value $0.01 Per Share 79822 I As Trustee Of The Miljko Rajkovic Living Trust Stock Options (right To Purchase) 13.00 2017-02-17 4 M 0 15312 0 D 2020-10-14 Common Stock, Par Value $0.01 Per Share 15312 0 D Stock Options (right To Purchase) 11.71 2017-02-17 4 M 0 44688 0 D 2022-03-06 Common Stock, Par Value $0.01 Per Share 44688 0 D The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.00 to $28.25, inclusive. The reporting person undertakes to provide to Tower International, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. 45,938 stock options were granted to the reporting person on October 14, 2010, of which all (inclusive of previously reported exercises) were vested prior to the transaction date. The reporting person previously reported his stock options, including those referenced in this Form 4, as indirectly owned through the Miljko Rajkovic Living Trust. All of the reporting person's stock options are directly owned by the reporting person. 67,033 stock options were granted to the reporting person on March 6, 2012, of which all (inclusive of previously reported exercises) were vested prior to the transaction date. /s/ Peter Ehrenberg, Attorney-in-Fact 2017-02-21