SIMON PROPERTY GROUP INC /DE/ — Director's Dealing 2022

Aug 15, 2022

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: SIMON PROPERTY GROUP INC /DE/ (SPG)
CIK: 0001063761
Period of Report: 2022-08-04

Reporting Person: Frey Donald G (N/A)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7283	Direct
Common Stock	160	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Common Stock (5793)		Direct
Restricted Stock Units	$		Common Stock (671)		Direct
Restricted Stock Units	$		Common Stock (962)		Direct

Footnotes

F1: The Restricted Stock Units ("RSUs") issued pursuant to the Simon P roperty Group, L.P . 2019 Stock Incentive P lan (the "P lan") will vest as follows: 5,793 RSUs will vest ratably over a two year period: half on January 1, 2023; and half on January 1, 2024;

F2: Vested portions of the RSUs will be settled in shares of Simon Property Group, Inc. (the "Company") common stock as soon as practicable after the vesting date, subject to a continued service requirement, or may vest and settle earlier due to the Reporting Person's death or disability, a change of control of the Company, the retirement of the Reporting Person, subject to the approval of the Company's 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.

F3: Each RSU represents the contingent right to receive, at settlement, one share of common stock of the Company.

F4: 671 RSUs will vest on March 1, 2024

F5: 962 RSUs will vest on March 11, 2025.