David Simon - Mar 18, 2025 Form 4 Insider Report for SIMON PROPERTY GROUP INC /DE/ (SPG)

Role: CEO/CHAIRMAN/PRESIDENT, Director
Signature: /s/ David Simon by his attorney-in-fact, Steven E. Fivel
Stock symbol: SPG
Transactions as of: Mar 18, 2025
Transactions value $: $0
Form type: 4
Date filed: 3/20/2025, 12:28 PM
Previous filing: Mar 5, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SPG	Common Stock	Options Exercise		+17.2K	+1.93%		910K	Mar 18, 2025	Direct	F1, F2
holding	SPG	Common Stock						141K	Mar 18, 2025	By GRAT

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	Options Exercise	$0	-17.2K	-100%	$0.00	0	Mar 18, 2025	Common Stock	17.2K		Direct	F1

* 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. This transaction represents the settlement of RSUs that vested on March 18, 2025.
F2	On December 23, 2024, a grantor retained annuity trust for the benefit of the Reporting Person and for which the Reporting Person serves as trustee distributed 14,785 shares to the Reporting Person.