(SPG)

Role: CEO/Chairman/President, Director
Signature: /s/ David Simon by his attorney-in-fact, Alexander L.W. Snyder
Stock symbol: SPG
Transactions as of: Mar 18, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/18/2022, 05:40 PM
Previous filing: Mar 15, 2022
Next filing: Jan 4, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SPG	Restricted Stock Units	Award	$0	+17.2K		$0.00	17.2K	Mar 18, 2022	Common Stock	17.2K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Restricted Stock Unit (RSU) represents the contingent right to receive, at settlement, one share of common stock of Simon Property Group, Inc. (the "Company").
F2	The RSUs are being issued pursuant to the Simon Property Group, L.P. 2019 Stock Incentive Plan (the "Plan") and will vest on March 18, 2025, subject to a continued service requirement, or may vest and settle earlier due the Reporting Person's death or disability, a change of control of the Company, the retirement of the Reporting Person, subject to approval of the Company's Compensation and Human Capital Committee (the "Compensation Committee"), or as may otherwise be determined by the Company's Compensation Committee in accordance with the terms of the grant agreement and the Plan. Vested RSUs will be settled in shares of the Company's common stock as soon as practicable after the vesting date.

Content

Each Restricted Stock Unit (RSU) represents the contingent right to receive, at settlement, one share of common stock of Simon Property Group, Inc. (the "Company").

The RSUs are being issued pursuant to the Simon Property Group, L.P. 2019 Stock Incentive Plan (the "Plan") and will vest on March 18, 2025, subject to a continued service requirement, or may vest and settle earlier due the Reporting Person's death or disability, a change of control of the Company, the retirement of the Reporting Person, subject to approval of the Company's Compensation and Human Capital Committee (the "Compensation Committee"), or as may otherwise be determined by the Company's Compensation Committee in accordance with the terms of the grant agreement and the Plan. Vested RSUs will be settled in shares of the Company's common stock as soon as practicable after the vesting date.