TAUBMAN CENTERS INC 4
4 · TAUBMAN CENTERS INC · Filed Mar 7, 2017
Insider Transaction Report
Form 4
Sharp Peter John
President, Taubman Asia Mngmt
Transactions
- Award
Restricted Stock Units
2017-03-06+8,744→ 8,744 totalExercise: $0.00→ Common Stock (8,744 underlying)
Footnotes (2)
- [F1]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 and an amount equal to the cash value of the dividends that would have been paid to the reporting person if one share of common stock had been issued on the grant date for each restricted stock unit granted to the reporting person under this award.
- [F2]2,915 restricted stock units vest on March 1, 2018 and 5,829 restricted stock units vest on March 1, 2019.