X0306 4 2020-02-25 0001594686 WASHINGTON PRIME GROUP INC. WPG 0001494026 Indest Melissa A. C/O WASHINGTON PRIME GROUP INC. 180 EAST BROAD STREET COLUMBUS OH 43215 1 Executive VP, Finance and CAO Restricted Stock Units 2020-02-25 4 A 0 67842 0 A Common Stock, par value $0.0001 per share 67842 67842 D Performance Stock Units 2020-02-25 4 A 0 67842 0 A Common Stock, par value $0.0001 per share 67842 67842 D Each of the restricted stock units ("RSUs") represents a contingent right to receive one share of Issuer's common stock (the "Common Stock"). The awarded RSUs shall vest and become non-forfeitable in one-third installments on each of the first, second and third anniversaries of February 25, 2020, provided that the Reporting Person is in continued compliance with certain covenants in the Reporting Person's employment agreement and subject to certain provisions of such agreement relating to a change in control of the Issuer. Each of the performance stock units ("PSUs") represents a contingent right to receive one share of Common Stock. Unvested PSUs shall be earned based upon the satisfaction of certain relative total shareholder return criteria ("TSR Criteria") with the number of earned PSUs ranging from 0% to 150% of the allocated amount awarded based on the achievement of the Company in the TSR Criteria over a three-year performance period from February 25, 2020 to February 25, 2023 ("Vesting Date"), provided that the Reporting Person is in continued compliance with certain covenants in the Reporting Person's employment agreement and subject to certain provisions of such agreement relating to a change in control of the Issuer. Settlement of the PSUs shall occur as soon as practicable after the Vesting Date, but no later than March 15, 2024. This Form 4 is executed pursuant to the Limited Power of Attorney filed as Exhibit 24 to a Form 3 filed on February 23, 2017. /s/ Stephen E. Ifeduba 2020-02-27