U.S. SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed 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 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b) 1. Name and Address of Reporting Person* Pitser Tommy G. (Last) (First) (Middle) c/o Tower Automotive, Inc. 5211 Cascade Road, S.E. (Street) Grand Rapids MI 49546 (City) (State) (Zip) 2. Issuer Name and Ticker or Trading Symbol Tower Automotive, Inc.-TWR 3. IRS or Social Security Number of Reporting Person (Voluntary) 4. Statement for Month/Day/Year 5. If Amendment, Date of Original (Month/Day/Year) 11/22/02 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) ____ Director ___ 10% Owner _X__ Officer (give title below) ___ Other (specify below) -Leader, Europe Region 7. Individual or Joint/Group Filing (Check applicable line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person TABLE I - Non-Derivative Securities Acquired, Disposed of, or Benefically Owned 1. Title of Security (Instr. 3) Common Stock 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 11/22/02 3. Transaction Code (Instr. 8) Code P V - 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) Amount 27.5809 (A) or (D) (A) Price $4.87 (2) 5. Amount of Securities Beneficially Owned Following Reported Transactions (Instr. 3 and 4) a. 3,302.6066 b. 49,992.75 (1) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) a. (I) a. (D) 7. Nature of Indirect Beneficial Ownership (Instr. 4) a. By Retirement Plan b. - (1) Includes 41,105 shares subject to vesting on 9/17/04. (2) The Reporting Person has paid to the Company a profit of $7.72 derived from the sale of 2,833.874 shares purchased in his 401(k) account on November 1, 2002. FORM 4 (continued) Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) Code V 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) (A) (D) 6. Date Exercisable and Expiration Date (Month/Day/Year) Date Exercisable Expiration Date 7. Title and Amount of Underlying Securities (Instr. 3 and 4) Title Amount or Number of Shares 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transactions (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Explanation of Responses: /s/ Michael G. Wooldridge 12/30/02 **Signature of Reporting Person Date Michael G. Wooldridge for Tommy G. Pitser by Power of Attorney Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly *If the Form is filed by more than one Reporting Person, see Instruction 4(b)(v) **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.