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Director's Dealing 2011

May 23, 2011

29949_dirs_2011-05-23_ce458c72-0cae-4932-8257-7dac18dfb1f3.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SIMON PROPERTY GROUP INC /DE/ (SPG)
CIK: 0001063761
Period of Report: 2011-05-19

Reporting Person: HORN KAREN N (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-19	Common Stock	A	784	—	Acquired	13124	Direct

Footnotes

F1: Non-cash compensation- Award of restricted stock under the Simon Property Group, L.P. 1998 Stock Incentive Plan. The restricted stock vests one year after the award.

F2: Includes 254 common shares acquired through the reinvestment of dividends received on common shares awarded under the Company's Stock Incentive Plan.