SEC Form 4 · accession 0000890319-18-000036

TAUBMAN CENTERS INC · TCO

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — President, CEO, AND Chair BOD · Director

Period of report

Mar 1, 2018

Accepted (ET)

Mar 5, 2018 · 5:10 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000890319

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	Mar 1, 2018	M	14,302	$0.00	A	41,370	D
Common Stock	Mar 1, 2018	F	5,097	$59.19	D	36,273	D
Common Stock^F1	holding	—	—		—	8,245	I	As UTMA custodian for son
Common Stock	holding	—	—		—	265,246	I	By a limited liability company
Common Stock^F1	holding	—	—		—	11,405	I	As UTMA custodian for daughter
Common Stock^F1	holding	—	—		—	8,245	I	As UTMA custodian for son
Common Stock^F2	holding	—	—		—	264,000	I	By trust
Common Stock^F3	holding	—	—		—	186,837	I	By limited liability company
Common Stock^F3	holding	—	—		—	711,504	I	By limited liability company

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F4,F5	$0.00	Mar 1, 2018	M	14,302	D	—	—	Common Stock	14,302	0	D

F1Mr. Taubman disclaims all beneficial interest in the shares of common stock owned in the UTMA accounts for the benefit of his children.
F2The shares were previously held by Julie Taubman, Mr. Taubman's wife, in a revocable trust of which Mrs. Taubman was the sole trustee. On January 28, 2018, in connection with the administration of Mrs. Taubman's estate, the trust became irrevocable and Mr. Taubman became the sole trustee. The trust is held for the benefit of Mr. Taubman and his children. Mr. Taubman disclaims all beneficial interest in the shares of common stock owned by the trust beyond his pecuniary interest therein.
F3Mr. Taubman disclaims all beneficial interest in the shares of common stock owned by such limited liability company beyond his pecuniary interest therein.
F4Restricted stock units (RSU) were granted to the reporting person pursuant to The Taubman Company 2008 Omnibus Long-Term Incentive Plan. Each RSU 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 RSU granted to the reporting person under this award.
F5The restricted stock units vested on March 1, 2018.