SEC Form 4 · accession 0000890319-18-000038
TAUBMAN CENTERS INC · TCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Simon Leopold
Officer — EVP, CFO and Treasurer
Period of report
Mar 1, 2018
Accepted (ET)
Mar 5, 2018 · 5:11 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 | 3,631 | $0.00 | A | 12,819 | D | |
| Common Stock | Mar 1, 2018 | F | 1,028 | $59.19 | D | 11,791 | D | |
| Common StockF1 | holding | — | — | — | 18 | I | By 401(k) plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | $0.00 | Mar 1, 2018 | M | 3,631 | D | — | — | Common Stock | 3,631 | 0 | D |
Explanation of responses
- F1Represents shares of the Company's common stock on an as-converted basis held through a stock fund of the Company's 401(k) plan.
- F2Restricted 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.
- F3The restricted stock units vested on March 1, 2018.