<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Simon Property Group, Inc. ("SPG")
SPG Realty Consultants, Inc. ("SRC")
- -------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $.0001 per share, of SPG ("Common Stock")
paired with a beneficial interest in Common Stock,
par value $.0001 per share, of SRC ("SRC Common Stock")
- -------------------------------------------------------------------------------
(Title of Class of Securities)
828806 10 9
-----------------------------
(CUSIP Number)
September 24, 1998
- -------------------------------------------------------------------------------
(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[X] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
Page 1 of 12 Pages
<PAGE>
- ---------------------------- ---------------------------
CUSIP No. 828806 10 9 13G Page 2 of 12 Pages
- ---------------------------- ---------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Melvin Simon & Associates, Inc.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Indiana
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
-0-
-----------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 11,451,581 (see Item 4)
OWNED BY
-----------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 3,200,000 (see Item 4)
WITH
-----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
11,451,581 (see Item 4)
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
14,651,581 (see Item 4)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* / /
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.22% (see Item 4)
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
- ---------------------------- ---------------------------
CUSIP No. 828806 10 9 13G Page 3 of 12 Pages
- ---------------------------- ---------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Voting Trust formed pursuant to a Voting Trust Agreement entered into
as of December 1, 1993 between Melvin Simon & Associates, Inc. and
Melvin Simon, Herbert Simon and David Simon.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Maryland
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
-0-
-----------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 3,200,000 (see Item 4)
OWNED BY
-----------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON -0-
WITH
-----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,200,000 (see Item 4)
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,200,000 (see Item 4)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* / /
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.92% (see Item 4)
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
OO
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
- ---------------------------- ---------------------------
CUSIP No. 828806 10 9 13G Page 4 of 12 Pages
- ---------------------------- ---------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Melvin Simon
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
-0-
-----------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 7,173,795 (see Item 4)
OWNED BY
-----------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 7,173,795 (see Item 4)
WITH
-----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,173,795 (see Item 4)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* / /
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.11% (see Item 4)
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
- ---------------------------- ---------------------------
CUSIP No. 828806 10 9 13G Page 5 of 12 Pages
- ---------------------------- ---------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Herbert Simon
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
-0-
-----------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 5,623,401 (see Item 4)
OWNED BY
-----------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 5,623,401 (see Item 4)
WITH
-----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,623,401 (see Item 4)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* / /
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
3.25% (see Item 5)
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
- ---------------------------- ---------------------------
CUSIP No. 828806 10 9 13G Page 6 of 12 Pages
- ---------------------------- ---------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
David Simon
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) /X/
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
-0-
-----------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 2,281,340 (see Item 4)
OWNED BY
-----------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON -0-
WITH
-----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,281,340 (see Item 4)
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,281,340 (see Item 4)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* / /
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.33% (see Item 4)
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
ITEM 1(a). NAME OF ISSUERS:
Simon Property Group, Inc.
SPG Realty Group, Inc.
ITEM 1(b). ADDRESS OF ISSUERS PRINCIPAL EXECUTIVE
OFFICES:
National City Center
115 West Washington Street, Suite 15 East
Indianapolis, Indiana 46204
ITEMS 2(a), NAME OF PERSONS FILING; ADDRESS OF PRINCIPAL
2(b) AND 2(c). BUSINESS OFFICE; CITIZENSHIP:
The names, addresses and citizenship of the
persons filing this Schedule are as follows:
Name: Melvin Simon & Associates, Inc. ("MSA")
Address: 115 West Washington Street
Indianapolis, Indiana 46204
Citizenship: Indiana
Name: A voting trust organized pursuant to
Section 2-510 of the Corporations and
Associations Article of the Annotated
Code of Maryland (the "Trust") and
created pursuant to a Voting Trust
Agreement (the "Trust Agreement")
entered into as of December 1, 1993,
between MSA, on the one hand, and Melvin
Simon, Herbert Simon and David Simon
(collectively, the "Simons"), on the
other hand.
Address: 115 West Washington Street
Indianapolis, Indiana 46204
Citizenship: Maryland
Name: Melvin Simon
Address: 115 West Washington Street
Indianapolis, Indiana 46204
Citizenship: United States
Name: Herbert Simon
Address: 115 West Washington Street
Indianapolis, Indiana 46204
Citizenship: United States
Name: David Simon
Address: 115 West Washington Street
Indianapolis, Indiana 46204
Citizenship: United States
<PAGE>
ITEM 2(d). TITLE OF OF SECURITIES:
Common Stock paired with a beneficial
interest in SRC Common Stock.
ITEM 2(e). CUSIP NUMBER:
828806 10 9
ITEM 3. Not Applicable
ITEM 4. OWNERSHIP:
<TABLE>
<S> <C>
MSA
(a) Amount beneficially owned
14,651,581(1)
(b) Percent of class*
8.22%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote --
----------
(ii) Shared power to vote or to direct the vote 11,451,581
</TABLE>
* At November 11, 1998 163,574,091 shares of Common Stock, 3,200,000
shares of Class B Common Stock, par value $.0001 per share, of SPG
paired with a beneficial interest in SRC Common Stock ("Class B Common
Stock") and 4,000 shares of Class C Common Stock, par value $.0001 per
share, of SPG paired with a beneficial interest in SRC Common Stock
("Class C Common Stock") of the Company, were outstanding and were
paired with 1,667,780.91 SRC Shares outstanding on that same date. The
percentages in this column assume that all options exercisable within
60 days and all units of partnership interest in Simon Property Group,
L.P. ("Units") held by such person are exercised or exchanged for
shares of Common Stock, but do not give effect to the exercise of
options or exchange of Units by other persons.
(1) Includes 3,200,000 shares of Common Stock issuable upon conversion
of Class B Common Stock. As described in Item 2 and 4 above, by virtue
of the Trust Agreement, such shares of Class B Common Stock are held
until December 20, 2003, by a voting trust obligated to elect Melvin
Simon, Herbert Simon, and David Simon as directors of the Company. MSA
is entitled to receive all proceeds from the sale of and all dividends
from the Class B Common Stock, except all dividends paid in Class B
Common Stock shall be subject to the provisions of the Trust. Upon the
occurrence of such events, such shares of Class B Common Stock will
convert automatically into shares of Common Stock.
Page 8 of 12 Pages
<PAGE>
<TABLE>
<S> <C>
(iii) Sole power to dispose or to direct
the disposition 3,200,000
----------
(iv) Shared power to dispose of or to direct the
disposition 11,451,581
----------
TRUST
(a) Amount beneficially owned 3,200,000
----------
(b) Percent of class* 1.92%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote --
----------
(ii) Shared power to vote or to direct the vote 3,200,000
(iii) Sole power to dispose or to direct the
disposition --
----------
(iv) Shared power to dispose of or to direct the
disposition 3,200,000
----------
MELVIN SIMON
(a) Amount beneficially owned 7,173,795(2)
(b) Percent of class* 4.11%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote --
----------
(ii) Shared power to vote or to direct the vote 7,173,795
----------
(iii) Sole power to dispose or to direct the
disposition 7,173,795
----------
(iv) Shared power to dispose of or to direct the
disposition --
----------
HERBERT SIMON
(a) Amount beneficially owned 5,623,401(3)
</TABLE>
- ------------------------
(2) Includes 7,116,385 Units. Does not include shares of Class B Common
Stock and Units owned by MSA (which is 69% owned by Melvin Simon). The
Units may be exchangeable, in certain circumstances, for an equal
number of shares of Common Stock.
(3) Includes 5,554,250 Units. Does not include shares of Class B Common
Stock and Units owned by MSA (which is 31% owned by Herbert Simon).
The Units may be exchangeable, in certain
<PAGE>
<TABLE>
<S> <C>
(b) Percent of class* 3.25%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote --
----------
(ii) Shared power to vote or to direct the vote 5,623,401
----------
(iii) Sole power to dispose or to direct the
disposition 5,623,401
----------
(iv) Shared power to dispose of or to direct the
disposition
----------
DAVID SIMON
(a) Amount beneficially owned 2,281,340(4)
(b) Percent of class* 1.33%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote --
----------
(ii) Shared power to vote or to direct the vote 2,281,340
(iii) Sole power to dispose or to direct the
disposition 2,281,340
----------
(iv) Shared power to dispose of or to direct the
disposition
----------
</TABLE>
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
Not Applicable
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON
BEHALF OF ANOTHER PERSON:
Not Applicable
- --------------------------------------------------------------------------------
circumstances, for an equal number of shares of Common Stock.
(4) Includes 2,013,010 Units. Does not include shares of Class B Common
Stock and Units owned by MSA (which is 31% owned by Herbert Simon).
The Units may be exchangeable, in certain circumstances, for an equal
number of shares of Common Stock.
<PAGE>
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE
SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING
REPORTED ON BY THE PARENT HOLDING COMPANY:
Not Applicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF
MEMBERS OF THE GROUP:
Not Applicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP:
Not Applicable
ITEM 10. CERTIFICATION:
Not Applicable
Page 11 of 12 Pages
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of each of their knowledge
and belief, the undersigned certify that the information set forth in this
Statement is true, complete and correct.
Dated: February 16, 1999
Melvin Simon & Associates, Inc.
/s/ Melvin Simon
---------------------------------------
Melvin Simon
/s/ Herbert Simon
---------------------------------------
Herbert Simon
/s/ David Simon
---------------------------------------
David Simon
Page 12 of 12 Pages
