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