SEC Form 4 · accession 0000890319-18-000037
TAUBMAN CENTERS INC · TCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
William S Taubman
Officer — Chief Operating Officer · 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 | 7,797 | $0.00 | A | 40,430 | D | |
| Common Stock | Mar 1, 2018 | F | 3,056 | $59.19 | D | 37,374 | D | |
| Common Stock | holding | — | — | — | 203,588 | I | By limited liability company | |
| Common StockF1 | holding | — | — | — | 711,504 | I | By limited liability company | |
| Common StockF1 | holding | — | — | — | 186,837 | I | By limited liability company. | |
| Common StockF2 | holding | — | — | — | 23,861 | I | As UTMA custodian for son | |
| Common StockF2 | holding | — | — | — | 23,426 | I | As UTMA custodian for daughter |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | $0.00 | Mar 1, 2018 | M | 7,797 | D | — | — | Common Stock | 7,797 | 0 | D |
Explanation of responses
- F1Mr. Taubman disclaims all beneficial interest in the shares of common stock owned by such limited liability company beyond his pecuniary interest therein.
- F2Mr. Taubman disclaims all beneficial interest in the shares of common stock owned in the UTMA accounts for the benefit of his children.
- F3Restricted 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.
- F4The restricted stock units vested on March 1, 2018.