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SIMON PROPERTY GROUP INC /DE/ — Director's Dealing 2020
Dec 30, 2020
29949_dirs_2020-12-30_065ee9e7-fa2f-49da-867b-609c2781bcb5.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SIMON PROPERTY GROUP INC /DE/ (SPG)
CIK: 0001063761
Period of Report: 2020-12-28
Reporting Person: FIVEL STEVEN E (General Counsel)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-12-28 | Restricted Stock Units | $ | A | 17380 | Acquired | Common Stock (17380) | Direct |
Footnotes
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 issued pursuant to the Simon Property Group, L.P. 2019 Stock Incentive Plan will vest ratably over a three year period: one third on January 1, 2022; one third on January 1, 2023; and one third on January 1, 2024. Vested portions of the RSUs will be settled in shares of the Company's common stock on each vesting date, subject to a continued service requirement or earlier vesting and settlement due to the Reporting Person's death or disability, a change of control in the Company or as may be determined by the Company's compensation committee in accordance with the terms of the grant agreement.