Clark Mayree C 4
4 · TAUBMAN CENTERS INC · Filed Jun 3, 2020
Insider Transaction Report
Form 4
Clark Mayree C
Director
Transactions
- Award
Common Stock
2020-06-01+3,444→ 13,134 total
Footnotes (2)
- [F1]These shares represent the annual equity retainer for June 1, 2020 through May 31, 2021 under The Taubman Company LLC 2018 Omnibus Long-Term Incentive Plan.
- [F2]If a non-employee director's service terminates for any reason, other than death or disability or a termination within three months of a change in control of Taubman Centers, Inc. (the Company), such director will forfeit a pro rata portion (based on the number of months served) of the most recent annual equity retainer, including any equity grant that has been deferred in accordance with the Non-Employee Directors' Deferred Compensation Plan. If a director's service terminates due to death, disability or within three months of a change in control of the Company, none of the most recent annual equity retainer will be forfeited.