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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported) May 12, 2020

 

SIMON PROPERTY GROUP, INC.

(Exact name of registrant as specified in its charter)

 

Delaware 001-14469 04-6268599
(Simon Property Group, Inc.) (Simon Property Group, Inc.) (Simon Property Group, Inc.)
Delaware 001-36110 34-1755769

 

225 West Washington Street

Indianapolis, Indiana 46204

(Address of principal executive offices)

 

 

(317) 636-1600
(Registrant’s telephone number, including area code)

 

Not Applicable
(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbols   Name of each exchange on which
registered
Common stock, $0.0001 par value   SPG   New York Stock Exchange
8⅜% Series J Cumulative Redeemable Preferred Stock, $0.0001 par value   SPGJ   New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company  ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ¨

 

 

 

 

 

ITEM 5.07           Submission of Matters to a Vote of Security Holders

 

At the 2020 Annual Meeting of shareholders of Simon Property Group, Inc. (the “Company”), held on May 12, 2020, the Company’s shareholders voted on the following business items which were set forth in the notice for the meeting:

 

Proposal 1 — Election of Directors: a proposal to elect ten (10) directors each for a one-year term ending at the 2021 Annual Meeting of Shareholders. All of the nominees for director received the requisite votes to be elected;

 

Proposal 2 — Advisory Vote to Approve the Compensation of our Named Executive Officers:  a proposal to approve, on an advisory basis, the compensation of the Company’s Named Executive Officers as disclosed in the Company’s proxy statement received approximately 97% of the votes cast; and

 

Proposal 3 — Ratification of Independent Registered Public Accounting Firm: a proposal to ratify the Audit Committee’s appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for 2020 received the requisite votes to be ratified.

  

The vote tabulation for each proposal is as follows:

 

Proposal 1 — Election of Directors

 

    FOR     AGAINST     ABSTAIN     BROKER
NON-VOTE 		 
Glyn F. Aeppel     258,937,234       4,402,230       156,695       15,041,617  
Larry C. Glasscock     256,861,005       6,474,084       161,070       15,041,617  
Karen N. Horn, Ph.D.     240,504,718       22,538,863       452,578       15,041,617  
Allan Hubbard     249,444,415       13,892,514       159,230       15,041,617  
Reuben S. Leibowitz     248,466,393       14,833,548       196,218       15,041,617  
Gary M. Rodkin     257,088,593       6,245,372       162,194       15,041,617  
Stefan M. Selig     243,712,988       19,622,542       160,629       15,041,617  
Daniel C. Smith, Ph.D.     257,602,009       5,739,647       154,503       15,041,617  
J. Albert Smith, Jr.     235,549,337       27,753,822       193,000       15,041,617  
Marta R. Stewart     262,561,348       707,874       226,937       15,041,617  

 

The voting trustees who vote the Company’s Class B common stock voted all 8,000 outstanding Class B shares for the election of the following three (3) persons as directors:

 

David Simon

Herbert Simon

Richard S. Sokolov

 

Proposal 2 — Advisory Vote to Approve the Compensation of our Named Executive Officers

 

FOR     AGAINST     ABSTAIN     BROKER
NON-VOTE 		 
  255,308,852       7,706,533       480,774       15,041,617  

 

Proposal 3 — Ratification of Independent Registered Public Accounting Firm

 

FOR     AGAINST     ABSTAIN  
  272,383,489       5,953,947       200,340  

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: May 13, 2020  
  SIMON PROPERTY GROUP, INC.
     
  By: /s/ Steven E. Fivel
    Name: Steven E. Fivel
    Title:   General Counsel and Secretary

 

 

 

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