Weinert David T 4
4 · TAUBMAN CENTERS INC · Filed Mar 3, 2010
Insider Transaction Report
Form 4
Weinert David T
Senior VP, Leasing
Transactions
- Exercise/Conversion
Common Stock
2010-03-01+4,927→ 12,282 total - Exercise/Conversion
Restricted Stock Units
2010-03-01−4,927→ 0 totalExercise: $0.00→ Common Stock (4,927 underlying) - Tax Payment
Common Stock
2010-03-01$38.73/sh−1,599$61,929→ 10,683 total
Footnotes (2)
- [F1]Restricted stock units were granted to the reporting person pursuant to The Taubman Company 2005 Long-Term Incentive Plan. Each restricted stock unit represents a contingent right to receive upon vesting one share of the Company's common stock, plus a cash payment equal to the aggregate cash dividends that would have been paid on such share of the Company's common stock if the share had been outstanding from the grant date to the vesting date.
- [F2]The restricted stock units vested on March 1, 2010.