0000890319-12-000133.txt : 20121228
0000890319-12-000133.hdr.sgml : 20121228
20121228133625
ACCESSION NUMBER: 0000890319-12-000133
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20121226
FILED AS OF DATE: 20121228
DATE AS OF CHANGE: 20121228
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Kieras Stephen J
CENTRAL INDEX KEY: 0001319689
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11530
FILM NUMBER: 121290105
MAIL ADDRESS:
STREET 1: TAUBMAN CENTERS, INC.
STREET 2: 200 E. LONG LAKE ROAD, SUITE 300
CITY: BLOOMFIELD HILLS
STATE: MI
ZIP: 48304
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: TAUBMAN CENTERS INC
CENTRAL INDEX KEY: 0000890319
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 382933632
STATE OF INCORPORATION: MI
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 200 E LONG LAKE RD
STREET 2: SUITE 300 P O BOX 200
CITY: BLOOMFIELD HILLS
STATE: MI
ZIP: 48303-0200
BUSINESS PHONE: 2482586800
MAIL ADDRESS:
STREET 1: 200 E LONG LAKE RD
STREET 2: SUITE 300 P O BOX 200
CITY: BLOOMFIELD HILLS
STATE: MI
ZIP: 48303-0200
4
1
wf-form4_135671977037268.xml
FORM 4
X0306
4
2012-12-26
0
0000890319
TAUBMAN CENTERS INC
TCO
0001319689
Kieras Stephen J
TAUBMAN CENTERS, INC.
200 EAST LONG LAKE ROAD, SUITE 300
BLOOMFIELD HILLS
MI
48304
0
1
0
0
Senior VP, Development
Common Stock
2012-12-26
4
M
0
80000
29.38
A
114188
D
Common Stock
2012-12-26
4
M
0
13095
31.31
A
127283
D
Common Stock
2012-12-26
4
M
0
12875
40.39
A
140158
D
Common Stock
2012-12-26
4
M
0
3976
40.25
A
144134
D
Common Stock
2012-12-26
4
M
0
12076
55.90
A
156210
D
Common Stock
2012-12-26
4
M
0
14413
50.65
A
170623
D
Common Stock
2012-12-26
4
M
0
83037
13.83
A
253660
D
Common Stock
2012-12-26
4
S
0
134918
78.45
D
118742
D
Common Stock
2012-12-27
4
M
0
77484
13.83
A
196226
D
Common Stock
2012-12-27
4
S
0
39770
78.58
D
156456
D
Common Stock
5184
I
By 401(k)
Incentive Options (right to buy)
29.38
2012-12-26
4
M
0
80000
0
D
2015-03-04
Common Stock
80000.0
0
D
Incentive Options (right to buy)
31.31
2012-12-26
4
M
0
13095
0
D
2015-05-18
Common Stock
13095.0
0
D
Incentive Options (right to buy)
40.39
2012-12-26
4
M
0
12875
0
D
2016-03-08
Common Stock
12875.0
0
D
Incentive Options (right to buy)
40.25
2012-12-26
4
M
0
3976
0
D
2016-05-15
Common Stock
3976.0
0
D
Incentive Options (right to buy)
55.9
2012-12-26
4
M
0
12076
0
D
2017-03-07
Common Stock
12076.0
0
D
Incentive Options (right to buy)
50.65
2012-12-26
4
M
0
14413
0
D
2018-02-27
Common Stock
14413.0
0
D
Incentive Options (right to buy)
13.83
2012-12-26
4
M
0
83037
0
D
2019-03-05
Common Stock
83037.0
77484
D
Incentive Options (right to buy)
13.83
2012-12-27
4
M
0
77484
0
D
2019-03-05
Common Stock
77484.0
0
D
This price represents the weighted average price of the multiple transactions reported on this line. The shares were sold at prices ranging from $78 to $78.98 per share. Upon request by the SEC staff, the issuer or any security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
This price represents the weighted average price of the multiple transactions reported on this line. The shares were sold at prices ranging from $78.26 to $79.03 per share. Upon request by the SEC staff, the issuer or any security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
Includes 84 shares of the Company's common stock acquired under the 401(k) plan not previously reported and reflects shares of the Company's common stock on an as-converted basis held through a stock fund of the Company's 401(k) plan.
Options were granted to the reporting person pursuant to The Taubman Realty Group Limited Partnership ("TRG") 1992 Incentive Option Plan, as amended (the "Plan"). The Company is the Managing General Partner of TRG. Options granted under the Plan are exercisable for units of limited partnership interest in TRG. Under the Company's continuing offer to employees covered by the Plan and certain other partners in TRG, each unit of limited partnership interest in TRG held by an offeree is exchangeable for one share of the Company's common stock.
53,334 of the options vested in two equal installments on March 4, 2008 and 2010, respectively, and 26,666 of the options vested on March 4 2012.
The options vested in three equal installments on May 18, 2006, 2007 and 2008, respectively.
8,584 of the options vested in two equal installments on March 1, 2007 and 2008, respectively, and 4,291 of the options vested on March 1, 2009.
1,326 of the options vested on March 1, 2007 and 2,650 of the options vested in two equal installments on March 1, 2008 and 2009, respectively.
4,026 of the options vested on March 1, 2008 and 8,050 of the options vested in two equal installments on March 1, 2009 and 2010, respectively.
4,805 of the options vested on March 1, 2009 and 9,608 of the options vested in two equal installments on March 1, 2010 and 2011, respectively.
Options were granted to the reporting person pursuant to the 2008 Omnibus Plan. Options granted under the 2008 Omnibus Plan are exercisable for units of limited partnership interest in The Taubman Realty Group Limited Partnership ("TRG"); the Company is the managing general partner of TRG. Under the Company's Continuing Offer to employees covered by the 2008 Omnibus Plan and certain other partners in TRG, each unit of limited partnership interest in TRG held by an offeree is exchangeable for one share of the Company's common stock.
The options vested in the third quarter of 2009, upon satisfaction of the vesting condition that the closing price of the Company's common stock, as quoted on the New York Stock Exchange, is $30 or greater for ten consecutive trading days.
/s/ Michael S. Ben, Attorney-in-Fact
2012-12-28