Taubman Centers (TCO) Form 3 TAUBMAN CENTERS / Ryan Hurren ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Hurren Ryan

(Last) (First) (Middle)

C/O TAUBMAN CENTERS

200 EAST LONG LAKE ROAD, SUITE 300

(Street)

BLOOMFIELD HILLS MI 48304-2324

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
11/06/2020

3. Issuer Name and Ticker or Trading Symbol
TAUBMAN CENTERS INC [ TCO ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
VP, Investor Relations, CAO

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	343	D
Common Stock	187(1)	I	By 401(k) plan

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units(2)	(3)	(3)	Common Stock	2,182	0.0	D

Explanation of Responses:

1. Represents shares of the Company's common stock on an as-converted basis held through a stock fund of the Company's 401(k) plan.

2. Restricted stock units (RSU) were granted to the reporting person pursuant to The Taubman Company 2008 Omnibus Long-Term Incentive Plan and The Taubman Company 2018 Omnibus Long-Term Incentive Plan. Each RSU 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.

3. The RSUs vest as follows: 429 RSU vest on March 1, 2021; 774 RSU vest on March 1, 2022; and 979 RSU vest on March 1, 2023.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Michael S. Ben, Attorney-in-Fact	11/10/2020
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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