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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
890319	Taubman Centers Inc	TCO	Real Estate Investment Trusts (6798)	382033632

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1088534	A Lisa Payne	Taubman Centers, Inc. 200 E. Long Lake Road, Suite 300 Bloomfield Hills MI 48304	Vice Chairman And Cfo	Yes	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2015-03-10	1,250	$75.00	57,311	No	4	S	Direct

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

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Units	Acquisiton	2015-03-09	7,796	$0.00	7,796	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
7,796			No	4	A	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	16,000	Indirect	By Trust, for daughter
Common Stock	16,000	Indirect	By Trust, for daughter

Footnotes

The sale was effected pursuant to a 10b5-1 trading plan initially adopted by the reporting person on March 5, 2015. The plan provides for monthly sales of 1,250 shares of common stock if the specified minimum trading price is satisfied. Shares that are not sold in a particular month will be available for sale in subsequent months under the plan. A maximum of 13,750 shares remain available for sale under the plan, which is set to expire on February 29, 2016.
Ms. Payne disclaims all beneficial interest in the shares of common stock owned by the Trusts for the benefit of her children. Ms. Payne is not the trustee of such Trusts.
Restricted stock units were granted to the reporting person pursuant to the Taubman 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 RSU granted to the reporting person under this award.
The restricted stock units vest on March 1, 2018.