0000890319-18-000052.txt : 20180309
0000890319-18-000052.hdr.sgml : 20180309
20180309144622
ACCESSION NUMBER: 0000890319-18-000052
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180307
FILED AS OF DATE: 20180309
DATE AS OF CHANGE: 20180309
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: TAUBMAN WILLIAM S
CENTRAL INDEX KEY: 0001075312
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11530
FILM NUMBER: 18679706
MAIL ADDRESS:
STREET 1: 200 E LONG LAKE RD
STREET 2: TAUBMAN ASSET GROUP
CITY: BLOOMFIELD HILLS
STATE: MI
ZIP: 48303
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_152062476893055.xml
FORM 4
X0306
4
2018-03-07
0
0000890319
TAUBMAN CENTERS INC
TCO
0001075312
TAUBMAN WILLIAM S
TAUBMAN CENTERS, INC.
200 E. LONG LAKE ROAD, SUITE 300
BLOOMFIELD HILLS
MI
48304
1
1
0
0
Chief Operating Officer
Common Stock
2018-03-07
4
A
0
9669
0
A
47121
D
Common Stock
2018-03-07
4
F
0
4089
59.19
D
43032
D
Common Stock
203588
I
By limited liability company
Common Stock
711504
I
By limited liability company
Common Stock
186837
I
By limited liability company.
Common Stock
23860
I
As UTMA custodian for son
Common Stock
23425
I
As UTMA custodian for daughter
Performance share units (PSU) were granted to the reporting person pursuant to The Taubman Company 2008 Omnibus Long-Term Incentive Plan, as amended. 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, plus a cash payment equal to the aggregate cash dividends that would have been paid on such shares of common stock from the date of grant of the award to the vesting date. The PSU vested on March 1, 2018 with a payout ratio of 124%, which was certified by the Company's Compensation Committee on March 7, 2018.
Mr. Taubman disclaims all beneficial interest in the shares of common stock owned by such limited liability company beyond his pecuniary interest therein.
Mr. Taubman disclaims all beneficial interest in the shares of common stock owned in the UTMA accounts for the benefit of his children.
/s/ Michael S. Ben, Attorney-in-Fact
2018-03-09