UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 4) SIMON PROPERTY GROUP, INC. (Name of Issuer) - ----------------------------------------------------------- Common Stock (Title of Class of Securities) - ----------------------------------------------------------- 828806109 (CUSIP Number) - ----------------------------------------------------------- December 31, 2002 (Date of Event Which Requires Filing of this Statement) - ----------------------------------------------------------- Check the appropriate box to designate the rule pursuant to which this Schedule is filed: /x/ Rule 13d-1(b) / / Rule 13d-1(c) / / 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 in 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). Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. Page 1 of 5 pagesCusip 828806109 - ----------------------------------------------------------- 1 Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only). UBS Global Asset Management (Americas) Inc. 36-3664388 - ----------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) a / / b /x/ See Item 8 of attached schedule. - ----------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------- 4 Citizenship or Place of Organization - Delaware - ----------------------------------------------------------- Number of 5. Sole Voting Power 2,725,782 Shares Bene- 6. Shared Voting Power _______ ficially 7. Sole Dispositive Power _______ Owned by Each 8. Shared Dispositive Power 2,725,782 Reporting Person With: - ----------------------------------------------------------- 9 Aggregate Amount Beneficially Owned by Each Reporting Person 2,725,782 Shares * - ----------------------------------------------------------- 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) - ----------------------------------------------------------- 11 Percent of Class Represented by Amount in Row (9) 1.5% - ----------------------------------------------------------- 12 Type of Reporting Person (See Instructions) IA - ----------------------------------------------------------- * UBS Global Asset Management (Americas) Inc. disclaims beneficial ownership of such securities. Page 2 of 5 pages Cusip 828806109 - ----------------------------------------------------------- Item 1(a). Name of Issuer: SIMON PROPERTY GROUP, INC. Item 1(b). Address of Issuer's Principal Executive Offices: National City Garden 115 West Washington Street Suite 15 East Indianapolis, IN 46204 - ----------------------------------------------------------- Item 2(a) Name of Persons Filing: UBS Global Asset Management (Americas) Inc.("UBS Global AM") Item 2(b) Address of Principal Business Office or, if none, Residence: UBS Global AM's principal business office is located at: One North Wacker, Chicago, Illinois 60606 Item 2(c) Citizenship: Incorporated by reference to Item 4 of the cover pages. Item 2(d) Title of Class of Securities: Common Stock (the "Common Stock") Item 2(e) CUSIP Number: 749651105 - ----------------------------------------------------------- Item 3. Type of Person Filing: UBS Global AM is an Investment Adviser registered under section 203 of the Investment Advisers Act of 1940. - ----------------------------------------------------------- Item 4 (a)-(c)(iv). Ownership: Incorporated by reference to Items 5-11 of the cover pages. - ----------------------------------------------------------- Item 5. Ownership of Five Percent or Less of a Class: If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following /X/. - ----------------------------------------------------------- Page 3 of 5 pages Cusip 828806109 - ----------------------------------------------------------- Item 6. Ownership of More than Five Percent on Behalf of Another Person: Accounts managed on a discretionary basis by UBS Global AM have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock. No account holds more than 5 percent of the outstanding Common Stock. - ----------------------------------------------------------- Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company: N/A - ----------------------------------------------------------- Item 8 Identification and Classification of Members of the Group: UBS Global AM is an indirect wholly-owned subsidiary of UBS AG. UBS Global AM is a member of the UBS Global Asset Management Business Group of UBS AG. UBS Global Asset Management Business Group is comprised of UBS Global AM's affiliated companies located in numerous offices around the world that provide investment advisory services to their clients. All members of the UBS Global Asset Management Business Group are directly or indirectly owned by UBS AG. The shares being reported by UBS Global AM may be managed by other members of the UBS Global Asset Management Business Group of UBS AG. UBS Global AM does hereby disaffirm the existence of a group within the meaning of Rule 13d-5(b)(1). - ----------------------------------------------------------- Item 9 Notice of Dissolution of Group: Not Applicable - ----------------------------------------------------------- Item 10 Certification: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. - ----------------------------------------------------------- Page 4 of 5 pages - ----------------------------------------------------------- Cusip 828806109 - ----------------------------------------------------------- SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 14, 2003 UBS Global Asset Management (Americas) Inc. By: /s/Mark F. Kemper By: /s/Charles R. Mathys Mark F. Kemper Charles R. Mathys Secretary Assistant Secretary Page 5 of 5 pages S