SEC Form 4 · accession 0000890319-17-000049
TAUBMAN CENTERS INC · TCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter John Sharp
Officer — President, Taubman Asia Mngmt
Period of report
Mar 6, 2017
Accepted (ET)
Mar 7, 2017 · 12:49 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000890319
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | $0.00 | Mar 6, 2017 | A | 8,744 | A | — | — | Common Stock | 8,744 | 8,744 | D |
Explanation of responses
- F1Restricted stock units were granted to the reporting person pursuant to The Taubman Company 2008 Omnibus Long-Term Incentive Plan. Each restricted stock unit represents a contingent right to receive upon vesting one share of the Company's common stock and an amount equal to the cash value of the dividends that would have been paid to the reporting person if one share of common stock had been issued on the grant date for each restricted stock unit granted to the reporting person under this award.
- F22,915 restricted stock units vest on March 1, 2018 and 5,829 restricted stock units vest on March 1, 2019.