-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, MRUD5lM8FtbwGhD4qrxI6pJDj6skb8npxhHqQMnvNrpWRE6ox3e/3XV2HJdUWsU0 MSy4X/l+KLqWBOa1C37EkA== 0001140361-07-006921.txt : 20070403 0001140361-07-006921.hdr.sgml : 20070403 20070403124009 ACCESSION NUMBER: 0001140361-07-006921 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070402 FILED AS OF DATE: 20070403 DATE AS OF CHANGE: 20070403 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: PARFET WILLIAM U CENTRAL INDEX KEY: 0001110742 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11530 FILM NUMBER: 07742696 BUSINESS ADDRESS: STREET 1: 54943 N. MAIN STREET CITY: MATTAWAN STATE: MI ZIP: 49071 BUSINESS PHONE: 3146944492 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 doc1.xml FORM 4 X0202 4 2007-04-02 0 0000890319 TAUBMAN CENTERS INC TCO 0001110742 PARFET WILLIAM U 5493 N. MAIN STREET MATTAWAN X1 49701 1 0 0 0 Common Stock 2007-04-02 4 A 0 366.44 0 A 14699.88 D Under The Taubman Centers, Inc. Non-Employee Directors' Deferred Compensation Plan, each non-employee director may defer the receipt of all or a portion of his or her director retainer (cash and stock) 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, and the number of restricted stock units received equals the deferred 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 Mr. Parfet?s quarterly retainer fee, which he has elected to defer in full. 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. Under The Taubman Centers, Inc. Non-Employee Directors' Deferred Compensation Plan, each director?s account is credited with dividend equivalents on the deferred restricted stock units when the Company pays cash dividends on its common stock, and such dividend equivalents are denominated in additional restricted stock units based on the then-fair market value of the Company?s common stock. The receipt of such dividends since the last Form 4 filing has been reflected in the column entitled ?amount of securities beneficially owned following reported transaction(s)?, but has not been reported as a separate transaction. /s/ Donald J. Kunz, Attorney-in-Fact 2007-04-03 -----END PRIVACY-ENHANCED MESSAGE-----