Home/Filings/4/0000890319-20-000133
4//SEC Filing

TAUBMAN WILLIAM S 4

Accession 0000890319-20-000133

CIK 0000890319other

Filed

Dec 30, 7:00 PM ET

Accepted

Dec 31, 10:22 AM ET

Size

47.5 KB

Accession

0000890319-20-000133

Insider Transaction Report

Form 4
Period: 2020-12-29
TAUBMAN WILLIAM S
DirectorChief Operating Officer
Transactions
  • Conversion

    Limited Liability Company Interests

    2020-12-29+1,338,4961,338,496 total(indirect: By limited liability company 2)
    Exercise: $0.00Common Stock (1,338,496 underlying)
  • Conversion

    Limited Liability Company Interests

    2020-12-29+25,03625,036 total(indirect: By Trust)
    Exercise: $0.00Common Stock (25,036 underlying)
  • Disposition to Issuer

    Series B Preferred Stock

    2020-12-291,338,4960 total(indirect: By limited liability company 2)
    Exercise: $0.00Common Stock (1,338,496 underlying)
  • Disposition to Issuer

    Common Stock

    2020-12-2943,0320 total(indirect: By Trust)
  • Disposition to Issuer

    Series B Preferred Stock

    2020-12-295,0000 total(indirect: By limited liability company 4)
    Exercise: $0.00Common Stock (5,000 underlying)
  • Conversion

    Units of Limited Partnership

    2020-12-295,0000 total(indirect: By limited liability company 4)
    Exercise: $0.00Common Stock (5,000 underlying)
  • Conversion

    Limited Liability Company Interests

    2020-12-29+472,650472,650 total(indirect: By limited liability company 5)
    Exercise: $0.00Common Stock (472,650 underlying)
  • Conversion

    Units of Limited Partnership

    2020-12-291,338,4960 total(indirect: By limited liability company 2)
    Exercise: $0.00Common Stock (1,338,496 underlying)
  • Disposition to Issuer

    Common Stock

    2020-12-29711,5040 total(indirect: By limited liability company 2)
  • Disposition to Issuer

    Common Stock

    2020-12-29186,8370 total(indirect: By limited liability company 3)
  • Disposition to Issuer

    Units of Limited Partnership

    2020-12-297,299,88015,011,562 total(indirect: By limited liability company 3)
    Exercise: $0.00Common Stock (7,299,880 underlying)
  • Disposition to Issuer

    Common Stock

    2020-12-29203,5880 total(indirect: By limited liability company 1)
  • Conversion

    Units of Limited Partnership

    2020-12-29472,6500 total(indirect: By limited liability company 5)
    Exercise: $0.00Common Stock (472,650 underlying)
  • Conversion

    Limited Liability Company Interests

    2020-12-29+5,0005,000 total(indirect: By limited liability company 4)
    Exercise: $0.00Common Stock (5,000 underlying)
  • Disposition to Issuer

    Series B Preferred Stock

    2020-12-29472,6500 total(indirect: By limited liability company 5)
    Exercise: $0.00Common Stock (472,650 underlying)
  • Conversion

    Units of Limited Partnership

    2020-12-2915,011,5620 total(indirect: By limited liability company 3)
    Exercise: $0.00Common Stock (15,011,562 underlying)
  • Disposition to Issuer

    Common Stock

    2020-12-291000 total(indirect: By Trust)
  • Conversion

    Units of Limited Partnership

    2020-12-2925,0360 total(indirect: By Trust)
    Exercise: $0.00Common Stock (25,036 underlying)
  • Disposition to Issuer

    Series B Preferred Stock

    2020-12-2922,311,4420 total(indirect: By limited liability company 3)
    Exercise: $0.00Common Stock (22,311,442 underlying)
  • Disposition to Issuer

    Series B Preferred Stock

    2020-12-2925,0360 total(indirect: By Trust)
    Exercise: $0.00Common Stock (25,036 underlying)
  • Conversion

    Limited Liability Company Interests

    2020-12-29+15,011,56215,011,562 total(indirect: By limited liability company 3)
    Exercise: $0.00Common Stock (15,011,562 underlying)
Footnotes (6)
  • [F1]Pursuant to the Amended and Restated Agreement and Plan of Merger, dated as of November 14, 2020, by and among Taubman Centers, Inc. (Taubman), Simon Property Group, Inc. (Simon), and certain other parties thereto (the Merger Agreement), at the effective time of the mergers, each outstanding share of common stock of Taubman was cancelled and converted into the right to receive $43.00 in cash (the Common Stock Merger Consideration).
  • [F2]Mr. Taubman disclaims all beneficial interest in the shares of common stock owned by such trust beyond his pecuniary interest therein.
  • [F3]Mr. Taubman disclaims all beneficial interest in the shares of common stock, the shares of Series B Preferred Stock, Units of Limited Partnership interest, and the Limited Liability Company Interests owned by such limited liability company beyond his pecuniary interest therein.
  • [F4]Pursuant to the Merger Agreement, at the effective time of the mergers, each share of Series B Non-Participating Convertible Preferred Stock was converted into the right to receive an amount in cash equal to the Common Stock Merger Consideration, divided by 14,000.
  • [F5]Pursuant to the Merger Agreement, at the effective time of the mergers, certain Units of Limited Partnership were converted into the right to receive an amount in cash equal to the Common Stock Merger Consideration.
  • [F6]Pursuant to the Merger Agreement, the remaining Units of Limited Partnership outstanding following the mergers were automatically converted into limited liability company interests upon the conversion of The Taubman Realty Group Limited Partnership into a Delaware limited liability company.

Issuer

TAUBMAN CENTERS INC

CIK 0000890319

Entity typeother

Related Parties

1
  • filerCIK 0001075312

Filing Metadata

Form type
4
Filed
Dec 30, 7:00 PM ET
Accepted
Dec 31, 10:22 AM ET
Size
47.5 KB