TAUBMAN CENTERS INC 4
4 · TAUBMAN CENTERS INC · Filed Mar 4, 2015
Insider Transaction Report
Form 4
BLUM ESTHER R
Senior VP, Controller, and CAO
Transactions
- Exercise/Conversion
Common Stock
2015-03-02+1,348→ 6,226 total - Tax Payment
Common Stock
2015-03-02$72.34/sh−572$41,378→ 5,654 total - Exercise/Conversion
Restricted Stock Units
2015-03-02−1,680→ 0 totalExercise: $0.00→ Common Stock (1,680 underlying)
Footnotes (4)
- [F1]Pursuant to divorce settlement, 30% of net shares of 1,108 were acquired by another person.
- [F2]Restricted stock units were granted to the reporting person pursuant to the Taubman 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.
- [F3]Amount includes additional units granted as part of a grant modification completed in December 2014 in connection with a special dividend.
- [F4]The restricted stock units vested on March 1, 2015.