Simon 2018 Proxy Statement

EXECUTIVE COMPENSATION TABLES

OPTION EXERCISES AND STOCK VESTED IN 2017 (1)

STOCK AWARDS (2) NUMBER OF SHARES VALUE REALIZED ACQUIRED ON VESTING ON VESTING

NAME

(A)

(D)

(E)

David Simon

0

$0

Richard S. Sokolov

0 0 0 0

$0 $0 $0 $0

Steven E. Fivel

John Rulli

Andrew A. Juster

(1) Our NEOs did not hold any stock options at any time during 2017. (2) Includes awards of restricted stock.

NONQUALIFIED DEFERRED COMPENSATION IN 2017

AGGREGATE

EXECUTIVE

REGISTRANT EARNINGS

AGGREGATE WITHDRAWALS/

AGGREGATE BALANCE

CONTRIBUTIONS CONTRIBUTIONS

(LOSSES)

NAME

IN LAST FY

IN LAST FY IN LAST FY (1)

DISTRIBUTIONS AT LAST FYE (2)

(A)

(B)

(C)

(D)

(E)

(F)

David Simon

$0

$0

$ 290,817

$ 1,898,179

$6,006,749

Richard S. Sokolov

$0 $0 $0 $0

$0 $0 $0 $0

$ $

0 0

$ $

0 0

$ $

0 0

Steven E. Fivel

John Rulli

$440,345

$1,955,263

$ 7,957,631

Andrew A. Juster

$

0

$

0

$

0

(1) Aggregate earnings include dividends paid on, and appreciation of, shares of our common stock held in the plan. (2) Of the amounts in this column, the following amounts are or were previously reported in the Summary Compensation Table: Mr. David Simon—$9,282,181; Mr. Sokolov—$0; Mr. Juster—$0; Mr. Rulli—$0; and Mr. Fivel—$0. The assets of our deferred compensation plan are held in what is commonly referred to as a ‘‘rabbi trust’’ arrangement. This means the assets of the plan are subject to the claims of our general creditors in the event of our insolvency. The plan assets are invested by the trustee in its sole discretion. Payments of a participant’s elective deferrals are made as elected by the participant. These amounts would be paid earlier in the event of termination of employment or death of the participant, an unforeseen emergency affecting the participant as determined by the Committee or a change in control of the Company. We have not made any contributions to the executive account of our deferred compensation plan since its inception in 1995. As a result, the contributions and aggregate balances shown in the table above are composed entirely of contributions made by the executives from their salary, bonus or restricted stock awards for prior years and earnings on those amounts. The earnings do not represent above-market or preferential rates. The executives may vote and are entitled to receive dividends on their restricted stock awards in the plan. Deferral elections are made by eligible executives each year for amounts to be earned or granted in the following year. An executive may defer all or a portion of salary, Annual Cash Incentive Compensation or awards under the 1998 Plan. The investment options available to an executive under the deferral program vary depending upon the type of compensation being deferred.

36 SIMON PROPERTY GROUP 2018 PROXY STATEMENT

Made with FlippingBook - professional solution for displaying marketing and sales documents online