0000890319-20-000098.txt : 20200902
0000890319-20-000098.hdr.sgml : 20200902
20200902151135
ACCESSION NUMBER: 0000890319-20-000098
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200901
FILED AS OF DATE: 20200902
DATE AS OF CHANGE: 20200902
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ULLMAN MYRON E III
CENTRAL INDEX KEY: 0001219802
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11530
FILM NUMBER: 201156784
MAIL ADDRESS:
STREET 1: 100 SPEAR ST. SUITE 935
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
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
4
1
wf-form4_159907388110405.xml
FORM 4
X0306
4
2020-09-01
0
0000890319
TAUBMAN CENTERS INC
TCO
0001219802
ULLMAN MYRON E III
C/O TAUBMAN CENTERS, INC.
200 E. LONG LAKE ROAD, SUITE 300
BLOOMFIELD HILLS
MI
48304
1
0
0
0
Common Stock
2020-09-01
4
A
0
816
0
A
40799
D
Under The Taubman Centers, Inc. (the Company) Non-Employee Directors' Deferred Compensation Plan, each non-employee director may defer the receipt of all or a portion of his or her annual cash retainer until the earlier of the termination of such director's service on the Company's Board of Directors and upon a change of control. Such deferred compensation is denominated in restricted stock units. The number of restricted stock units received for the quarterly installment of the annual cash retainer equals the deferred cash retainer fee divided by the fair market value of the Company's common stock on the business day immediately before the date the director would otherwise have been entitled to receive the retainer fee.
The shares referred to above represent the quarterly installment of the annual cash retainer for three months beginning September 1, 2020, which have been deferred in full, and would have otherwise been payable under The Taubman Company LLC 2018 Omnibus Long-Term Incentive Plan.
The restricted stock units represent the right to receive equivalent shares of common stock at the end of the deferral period, and each director's account is 100% vested at all times. Therefore, the reporting person has elected to report the deferral as shares of common stock received on the grant date.
/s/ Michael S. Ben, Attorney-in-Fact
2020-09-02