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 8, 2018

 

Simon Property Group, Inc.

(Exact name of registrant as specified in its charter)

 

Delaware

 

001-14469

 

04-6268599

(State or other jurisdiction

 

(Commission

 

(IRS Employer

of incorporation)

 

File Number)

 

Identification No.)

 

225 W. Washington Street

Indianapolis, IN 46204

(Address of principal executive offices) (Zip Code)

 

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

 

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:

 

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

 

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

 

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

 

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

 

Indicate by check mark whether the registrant is an emerging growth company 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 o

 

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. o

 

 

 



 

ITEM 5.07          Submission of Matters to a Vote of Security Holders

 

At the 2018 Annual Meeting of Stockholders held on May 8, 2018, 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 eleven (13) directors each for a one-year term ending at the 2019 Annual Meeting of Shareholders, including three (3) persons elected as directors by the voting trustees who vote the Class B common stock. All of the nominees for director received the requisite votes to be elected;

 

Proposal 2 — Advisory Vote to Approve Executive Compensation:  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 in excess of 96.0% of the votes cast;

 

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 2018.

 

Proposal 4 — Shareholder Proposal:  a proposal to restrict the Company from including any “change-in-control” payment in any future CEO employment agreement.

 

The vote tabulation for each proposal is as follows:

 

Proposal 1 — Election of Directors

 

 

 

FOR

 

AGAINST

 

ABSTAIN

 

BROKER
NON-VOTE

 

Glyn F. Aeppel

 

270,785,183

 

1,553,128

 

110,980

 

11,728,287

 

Larry C. Glasscock

 

270,622,123

 

1,713,669

 

113,499

 

11,728,287

 

Karen N. Horn, Ph.D.

 

261,568,691

 

10,235,379

 

645,221

 

11,728,287

 

Allan Hubbard

 

264,468,485

 

7,867,967

 

112,839

 

11,728,287

 

Reuben S. Leibowitz

 

261,253,087

 

11,083,618

 

112,586

 

11,728,287

 

Gary M. Rodkin

 

267,862,835

 

4,470,880

 

115,576

 

11,728,287

 

Stefan M. Selig

 

271,341,003

 

995,342

 

112,946

 

11,728,287

 

Daniel C. Smith, Ph.D.

 

269,856,041

 

2,478,352

 

114,898

 

11,728,287

 

J. Albert Smith, Jr.

 

257,384,973

 

14,948,172

 

116,146

 

11,728,287

 

Marta R. Stewart

 

271,347,246

 

992,170

 

109,875

 

11,728,287

 

 

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 Executive Compensation

 

FOR

 

AGAINST

 

ABSTAIN

 

BROKER
NON-VOTES

 

 

 

 

 

 

 

261,255,600

 

10,621,834

 

571,857

 

11,728,287

 

Proposal 3 — Ratification of Independent Registered Public Accounting Firm

 

FOR

 

AGAINST

 

ABSTAIN

 

 

 

 

 

279,146,735

 

4,885,446

 

145,397

 

Proposal 4 — Shareholder Proposal related to any future CEO employment agreement terms

 

FOR

 

AGAINST

 

ABSTAIN

 

BROKER
NON-VOTES

 

 

 

 

 

 

 

12,182,000

 

259,733,146

 

534,145

 

11,728,287

 

 

 

 

 

 

 

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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 8, 2018

 

 

 

 

 

 

SIMON PROPERTY GROUP, INC.

 

 

 

 

 

By:

/s/ Steven E. Fivel

 

 

Name:

Steven E. Fivel

 

 

Title:

General Counsel and Secretary

 

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