David Simon - 29 Aug 2024 Form 4 Insider Report for SIMON PROPERTY GROUP INC /DE/ (SPG)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
30 Aug 2024, 11:13:44 UTC
Prior SEC filing
03 Jul 2024
Next SEC filing
05 Mar 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ David Simon by his attorney-in-fact, Steven E. Fivel

Key filing fact

David Simon filed Form 4 for SIMON PROPERTY GROUP INC /DE/ (SPG) on 30 Aug 2024.

Key facts

  • This page summarizes David Simon's Form 4 filing for SIMON PROPERTY GROUP INC /DE/ (SPG).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 30 Aug 2024, 11:13.

Change

  • Previous filing in this sequence was filed on 03 Jul 2024.
  • Current net transaction value: +$70,168.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SPG transaction Derivative

LTIP Units

Award

Transaction value
$70,168
Shares
+280,672
Change %
+29%
Price
$0.2500
Shares after
1,245,903
Date
29 Aug 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
280,672
Exercise price
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Represents long-term incentive performance ("LTIP") units of Simon Property Group, L.P. (the "Operating Partnership"), of which Simon Property Group, Inc. (the "Company") is the general partner, issued as long-term incentive compensation under the Company's Amended and Restated Other Platform Investment Incentive Program established pursuant to the Operating Partnership's 2019 Stock Incentive Plan (the "Plan"), in compliance with Rule 16b-3. When earned and vested, each LTIP unit may be converted into a unit of limited partnership interest ("Partnership Unit"). Each Partnership Unit may be exchanged for a share of the Company's common stock, or cash, as selected by the Company.

Footnote F2

The LTIP units vest in five substantially equal annual installments beginning on August 29, 2025, subject to a continued service requirement, or may vest earlier upon the Reporting Person's death or disability, upon a change of control of the Issuer where the LTIP units were not assumed, or upon certain terminations following a change of control of the Company, in each case as described in the award agreement.

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