Snyder Alexander L.W. 4
4 · SIMON PROPERTY GROUP INC /DE/ · Filed Dec 30, 2020
Insider Transaction Report
Form 4
Snyder Alexander L.W.
Asst. General Counsel/Sec.
Transactions
- Award
Restricted Stock Units
2020-12-28+5,794→ 5,794 total→ Common Stock (5,794 underlying)
Footnotes (2)
- [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.