SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
BLOOM DAVID C

(Last) (First) (Middle)
105 EISENHOWER PKWY.

(Street)
ROSELAND NJ 07068

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SIMON PROPERTY GROUP INC /DE/ [ SPG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
Officer (give title below) X Other (specify below)
Advisory Director
3. Date of Earliest Transaction (Month/Day/Year)
02/08/2007
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/08/2007 M 126,879 A (1) 177,265 D
Common Stock 02/08/2007 S 44,969 D $121.1163 132,296 D
Common Stock 02/09/2007 S 81,910 D $118.4088 50,386 D
Common Stock 02/08/2007 M 767,350 A (1) 767,350 I Partnership(5)
Common Stock 02/09/2007 S 453,190 D $118.4088 314,160 I Partnership(5)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
6% Convertible Preferred Units in Simon Property Group, L.P. (2) 02/08/2007 C 69,957 (2) (4) Common Stock 55,158 (2)(1) 0 D
Common Units in Simon Property Group, L.P. (3) 02/08/2007 C 55,158 (1) (4) Common Stock 55,158 (1) 126,879 D
Common Units in Simon Property Group, L.P. (3) 02/08/2007 C 126,879 (1) (4) Common Stock 126,879 (1) 0 D
6% Convertible Preferred Units in Simon Property Group, L.P. (2) 02/08/2007 C 430,043 (2) (4) Common Stock 339,071 (2)(1) 594,753 I Partnership(5)
Common Units in Simon Property Group, L.P. (3) 02/08/2007 C 339,071 (1) (4) Common Stock 339,071 (1) 1,341,974 I Partnership(5)
Common Units in Simon Property Group, L.P. (3) 02/08/2007 C 767,350 (1) (4) Common Stock 767,350 (1) 574,624 I Partnership(5)
Explanation of Responses:
1. Reporting person elected to convert units of limited partnership interest ("Units") of Simon Property Group, L.P., of which the issuer is the general partner. Units may be exchanged for an equal number of shares of common stock or cash, as selected by the issuer. Common stock was issued for the exchanged units. The closing price of a share of common stock on February 8, 2007 as reported by the New York Stock Exchange was $121.18.
2. Reporting person elected to convert 6% Convertible Preferred Units into common units. During the period from January 2, 2007 to March 30, 2007, each 6% Convertible Preferred Unit is convertible into a Common Unit at a rate of 1 Preferred Unit to 0.78846 of a Common Unit.
3. 1:1
4. None
5. As a partner in Woodbury Family Associates, L.P.
David C. Bloom, and his attorney-in-fact, Shelly Doran 02/12/2007
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.