4//SEC Filing
Reese Robert R 4
Accession 0000890319-13-000035
CIK 0000890319other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 3:46 PM ET
Size
17.8 KB
Accession
0000890319-13-000035
Insider Transaction Report
Form 4
Reese Robert R
Senior VP, Chief Admin Officer
Transactions
- Exercise/Conversion
Common Stock
2013-03-01$55.90/sh+10,108$565,037→ 34,412 total - Exercise/Conversion
Common Stock
2013-03-01$50.65/sh+14,117$715,026→ 48,529 total - Sale
Common Stock
2013-03-01$76.23/sh−24,225$1,846,672→ 24,304 total - Tax Payment
Common Stock
2013-03-01$76.72/sh−1,468$112,625→ 27,436 total - Exercise/Conversion
Restricted Stock Units
2013-03-01−4,600→ 0 totalExercise: $0.00→ Common Stock (4,600 underlying) - Exercise/Conversion
Common Stock
2013-03-01+4,600→ 28,904 total - Exercise/Conversion
Incentive Options (right to buy)
2013-03-01−10,108→ 0 totalExercise: $55.90Exp: 2017-03-07→ Common Stock (10,108 underlying) - Exercise/Conversion
Incentive Options (right to buy)
2013-03-01−14,117→ 0 totalExercise: $50.65Exp: 2018-02-27→ Common 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
Issuer
TAUBMAN CENTERS INC
CIK 0000890319
Entity typeother
Related Parties
1- filerCIK 0001330356
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 3:46 PM ET
- Size
- 17.8 KB