0000890319-17-000044.txt : 20170303 0000890319-17-000044.hdr.sgml : 20170303 20170303174434 ACCESSION NUMBER: 0000890319-17-000044 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170301 FILED AS OF DATE: 20170303 DATE AS OF CHANGE: 20170303 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TAUBMAN CENTERS INC CENTRAL INDEX KEY: 0000890319 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 382033632 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 200 E LONG LAKE RD STREET 2: SUITE 300 CITY: BLOOMFIELD HILLS STATE: MI ZIP: 48304-2324 BUSINESS PHONE: 2482586800 MAIL ADDRESS: STREET 1: 200 E LONG LAKE RD STREET 2: SUITE 300 CITY: BLOOMFIELD HILLS STATE: MI ZIP: 48304-2324 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Leopold Simon CENTRAL INDEX KEY: 0001662053 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11530 FILM NUMBER: 17665543 MAIL ADDRESS: STREET 1: 200 E. LONG LAKE RD. STREET 2: STE 300 CITY: BLOOMFIELD HILLS STATE: MI ZIP: 48304 4 1 wf-form4_148858105998123.xml FORM 4 X0306 4 2017-03-01 0 0000890319 TAUBMAN CENTERS INC TCO 0001662053 Leopold Simon TAUBMAN CENTERS, INC. 200 E. LONG LAKE ROAD, SUITE 300 BLOOMFIELD HILLS MI 48304 0 1 0 0 EVP, CFO and Treasurer Common Stock 2017-03-01 4 M 0 3016 0 A 8893 D Common Stock 2017-03-01 4 F 0 984 69.15 D 7909 D Common Stock 2017-03-01 4 A 0 1871 0 A 9780 D Common Stock 2017-03-01 4 F 0 593 69.15 D 9187 D Common Stock 17 I By 401(k) plan Restricted Stock Units 0.0 2017-03-01 4 M 0 3016 0 D Common Stock 3016.0 0 D Performance share units (PSU) were granted to the reporting person pursuant to the Taubman Company 2008 Omnibus Long-Term Incentive Plan (Omnibus Incentive Plan). Each PSU represents a contingent right to receive, upon vesting, shares of the Company's common stock ranging from 0-300% of the PSU based on the Company's total shareholder return relative to that of a peer group. The PSU vested on March 1, 2017 with a payout ratio of 62%, which was certified by the Company's Compensation Committee on March 3, 2017. Represents shares of the Company's common stock on an as-converted basis held through a stock fund of the Company's 401(k) plan. Restricted stock units were granted to the reporting person pursuant to the Omnibus Incentive Plan. Each restricted stock unit represents a contingent right to receive upon vesting one share of the Company's common stock. The restricted stock units vested on March 1, 2017. /s/ Michael S. Ben, Attorney-in-Fact 2017-03-03