4//SEC Filing
SIMON DAVID 4
Accession 0001415889-24-022596
CIK 0001063761other
Filed
Aug 29, 8:00 PM ET
Accepted
Aug 30, 11:13 AM ET
Size
6.7 KB
Accession
0001415889-24-022596
Insider Transaction Report
Form 4
SIMON DAVID
DirectorCEO/Chairman of the Board
Transactions
- Award
LTIP Units
2024-08-29$0.25/sh+280,672$70,168→ 1,245,903 total→ Common Stock (280,672 underlying)
Footnotes (2)
- [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.
- [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.
Documents
Issuer
SIMON PROPERTY GROUP INC /DE/
CIK 0001063761
Entity typeother
IncorporatedIN
Related Parties
1- filerCIK 0001079850
Filing Metadata
- Form type
- 4
- Filed
- Aug 29, 8:00 PM ET
- Accepted
- Aug 30, 11:13 AM ET
- Size
- 6.7 KB