TAUBMAN CENTERS INC·4

Mar 4, 3:46 PM ET

Reese Robert R 4

4 · TAUBMAN CENTERS INC · Filed Mar 4, 2013

Insider Transaction Report

Form 4
Period: 2013-03-01
Reese Robert R
Senior VP, Chief Admin Officer
Transactions
  • Exercise/Conversion

    Common Stock

    2013-03-01$55.90/sh+10,108$565,03734,412 total
  • Exercise/Conversion

    Common Stock

    2013-03-01$50.65/sh+14,117$715,02648,529 total
  • Sale

    Common Stock

    2013-03-01$76.23/sh24,225$1,846,67224,304 total
  • Tax Payment

    Common Stock

    2013-03-01$76.72/sh1,468$112,62527,436 total
  • Exercise/Conversion

    Restricted Stock Units

    2013-03-014,6000 total
    Exercise: $0.00Common Stock (4,600 underlying)
  • Exercise/Conversion

    Common Stock

    2013-03-01+4,60028,904 total
  • Exercise/Conversion

    Incentive Options (right to buy)

    2013-03-0110,1080 total
    Exercise: $55.90Exp: 2017-03-07Common Stock (10,108 underlying)
  • Exercise/Conversion

    Incentive Options (right to buy)

    2013-03-0114,1170 total
    Exercise: $50.65Exp: 2018-02-27Common Stock (14,117 underlying)
Footnotes (6)
  • [F1]This price represents the weighted average price of the multiple transactions reported on this line. The shares were sold at prices ranging from $75.85 to $76.64 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.
  • [F2]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.
  • [F3]The options vested in three equal installments on March 1, 2008, 2009 and 2010, respectively.
  • [F4]The options vested in three equal installments on March 1, 2009, 2010 and 2011, respectively.
  • [F5]Restricted stock units were granted to the reporting person pursuant to the Taubman Company 2008 Omnibus Long-Term Incentive Plan. Each restricted stock unit represents a contingent right to receive upon vesting one share of the Company's common stock.
  • [F6]The restricted stock units vested on March 1, 2013.

Documents

1 file
  • 4
    wf-form4_136242995006573.xmlPrimary

    FORM 4