FORM 3
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
File pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section
17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the
Investment Company Act of 1940
1. Name and Address of Reporting Person
Paul Jones
5211 Cascade Road, S.E.
Grand Rapids, Michigan 49546
2. Date of Event Requiring Statement (Month/Day/Year)
1/99
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Issuer Name and Ticker or Trading Symbol
Tower Automotive, Inc. TWR
5. Relationship of Reporting Person to Issuer (Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
____________________________
6. If Amendment, Date of Original (Month/Day/Year)
7. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person)
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Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)
2. Amount of Securities Beneficially Owned (Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)
4. Nature of Indirect Beneficial Ownership (Instr. 5)
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(Print or Type Responses)
(Over)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls,
warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)
a. Employee Stock Option (Right-to-Buy) (1)
b. Employee Stock Option (Right-to-Buy) (2)
c. Employee Stock Option (Right-to-Buy) (3)
2. Date Exercisable and Expiration Date (Month/Day/Year)
Date Exercisable: a. 4-20-99
b. 9-11-99
c. 3-2-00
Expiration Date: a. 4-20-08
b. 9-11-08
c. 3-2-09
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)
Title a. Common Stock
b. Common Stock
c. Common Stock
Amount or Number of Shares a. 20,000
b. 20,000
c. 20,000
4. Conversion or Exercise Price of Derivative Security
a. $25.75
b. $17.125
c. $19.25
5. Ownership Form or Dervivative Security: Direct (D) or Indirect (I)
(Instr. 5)
a. (D)
b. (D)
C. (D)
6. Nature of Indirect Beneficial Ownership (Instr. 5)
Explanation of Responses:
(1) The option vests in four annual installments beginning on April 20,
1999 at the rate of 25% per year.
(2) The option vests in four annual installments beginning on September 11,
1999 at the rate of 25% per year.
(3) The option vests in four annual installments beginning on March 2, 2000
at the rate of 25% per year.
By: /s/ Paul Jones 12/10/99
**Signature of Reporting Person Date
**Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If
space provided is insufficient, See Instruction 6 for procedure.
