Home > Insider Trading > Filing (0000890319-12-000133)

Filing Details

Accession Number:: 0000890319-12-000133
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2012-12-28 13:36:25
Reporting Period:: 2012-12-26

Filing Date:: 2012-12-28
Accepted Time:: 2012-12-28 13:36:25
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
890319	Taubman Centers Inc	TCO	Real Estate Investment Trusts (6798)	382933632

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1319689	J Stephen Kieras	Taubman Centers, Inc. 200 East Long Lake Road, Suite 300 Bloomfield Hills MI 48304	Senior Vp, Development	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2012-12-26	80,000	$29.38	114,188	No	4	M	Direct
Common Stock	Acquisiton	2012-12-26	13,095	$31.31	127,283	No	4	M	Direct
Common Stock	Acquisiton	2012-12-26	12,875	$40.39	140,158	No	4	M	Direct
Common Stock	Acquisiton	2012-12-26	3,976	$40.25	144,134	No	4	M	Direct
Common Stock	Acquisiton	2012-12-26	12,076	$55.90	156,210	No	4	M	Direct
Common Stock	Acquisiton	2012-12-26	14,413	$50.65	170,623	No	4	M	Direct
Common Stock	Acquisiton	2012-12-26	83,037	$13.83	253,660	No	4	M	Direct
Common Stock	Disposition	2012-12-26	134,918	$78.45	118,742	No	4	S	Direct
Common Stock	Acquisiton	2012-12-27	77,484	$13.83	196,226	No	4	M	Direct
Common Stock	Disposition	2012-12-27	39,770	$78.58	156,456	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	M	Direct
No	4	M	Direct
No	4	M	Direct
No	4	M	Direct
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Incentive Options (right to buy)	Disposition	2012-12-26	80,000	$0.00	80,000	$29.38
Common Stock	Incentive Options (right to buy)	Disposition	2012-12-26	13,095	$0.00	13,095	$31.31
Common Stock	Incentive Options (right to buy)	Disposition	2012-12-26	12,875	$0.00	12,875	$40.39
Common Stock	Incentive Options (right to buy)	Disposition	2012-12-26	3,976	$0.00	3,976	$40.25
Common Stock	Incentive Options (right to buy)	Disposition	2012-12-26	12,076	$0.00	12,076	$55.90
Common Stock	Incentive Options (right to buy)	Disposition	2012-12-26	14,413	$0.00	14,413	$50.65
Common Stock	Incentive Options (right to buy)	Disposition	2012-12-26	83,037	$0.00	83,037	$13.83
Common Stock	Incentive Options (right to buy)	Disposition	2012-12-27	77,484	$0.00	77,484	$13.83

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2015-03-04	No	4	M	Direct
0	2015-05-18	No	4	M	Direct
0	2016-03-08	No	4	M	Direct
0	2016-05-15	No	4	M	Direct
0	2017-03-07	No	4	M	Direct
0	2018-02-27	No	4	M	Direct
77,484	2019-03-05	No	4	M	Direct
0	2019-03-05	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	5,184	Indirect	By 401(k)

Footnotes

This price represents the weighted average price of the multiple transactions reported on this line. The shares were sold at prices ranging from $78 to $78.98 per share. Upon request by the SEC staff, the issuer or any security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
This price represents the weighted average price of the multiple transactions reported on this line. The shares were sold at prices ranging from $78.26 to $79.03 per share. Upon request by the SEC staff, the issuer or any security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
Includes 84 shares of the Company's common stock acquired under the 401(k) plan not previously reported and reflects shares of the Company's common stock on an as-converted basis held through a stock fund of the Company's 401(k) plan.
Options were granted to the reporting person pursuant to The Taubman Realty Group Limited Partnership ("TRG") 1992 Incentive Option Plan, as amended (the "Plan"). The Company is the Managing General Partner of TRG. Options granted under the Plan are exercisable for units of limited partnership interest in TRG. Under the Company's continuing offer to employees covered by the Plan and certain other partners in TRG, each unit of limited partnership interest in TRG held by an offeree is exchangeable for one share of the Company's common stock.
53,334 of the options vested in two equal installments on March 4, 2008 and 2010, respectively, and 26,666 of the options vested on March 4 2012.
The options vested in three equal installments on May 18, 2006, 2007 and 2008, respectively.
8,584 of the options vested in two equal installments on March 1, 2007 and 2008, respectively, and 4,291 of the options vested on March 1, 2009.
1,326 of the options vested on March 1, 2007 and 2,650 of the options vested in two equal installments on March 1, 2008 and 2009, respectively.
4,026 of the options vested on March 1, 2008 and 8,050 of the options vested in two equal installments on March 1, 2009 and 2010, respectively.
4,805 of the options vested on March 1, 2009 and 9,608 of the options vested in two equal installments on March 1, 2010 and 2011, respectively.
Options were granted to the reporting person pursuant to the 2008 Omnibus Plan. Options granted under the 2008 Omnibus Plan are exercisable for units of limited partnership interest in The Taubman Realty Group Limited Partnership ("TRG"); the Company is the managing general partner of TRG. Under the Company's Continuing Offer to employees covered by the 2008 Omnibus Plan and certain other partners in TRG, each unit of limited partnership interest in TRG held by an offeree is exchangeable for one share of the Company's common stock.
The options vested in the third quarter of 2009, upon satisfaction of the vesting condition that the closing price of the Company's common stock, as quoted on the New York Stock Exchange, is $30 or greater for ten consecutive trading days.