1. How Are Washington Prime Group Common Shares Traded?

Washington Prime Group Inc. shares are traded on the NYSE under ticker symbol "WPG."

back to top

2. How does the reverse stock split impact WPG common stockholders?

On December 17, 2020, shareholders approved a 1-for-9 reverse stock split of the Company’s common stock. Every nine issued and outstanding shares of common stock have been converted into one share of common stock, effective December 22, 2020 prior to the opening of trading of the Company's common stock on the New York Stock Exchange.

back to top

3. What is the new CUSIP number for WPG common stock following the reverse stock split?

The trading symbol for the Company’s common stock remains “WPG” and the new CUSIP number for the common stock following the reverse stock split is 93964W 405.

back to top

4. What is the old CUSIP number for WPG common stock?

The old CUSIP number for the common stock prior to the reverse stock split was 93964W 108.

back to top

5. What are the CUSIP numbers for WPG preferred shares?

The CUSIP number for Series H Preferred is 93964W 207. The CUSIP number for Series I Preferred is 93964W 306.

back to top

6. Who should I contact with questions regarding the exchange of pre-split shares for post-split shares?

Stockholders will receive a letter of transmittal after the effective date which will provide instructions for the exchange of their shares. Stockholders holding book position shares or Direct Registration Shares will automatically receive their new shares. Brokers, banks and other nominees will be instructed to effect the reverse stock split for their beneficial holders who hold shares of WPG common stock in street name. Stockholders who hold shares of WPG common stock with a broker, bank or other nominee and who have any questions in this regard are encouraged to contact their brokers, banks or other nominees. For further information, stockholders and securities brokers should contact Computershare by telephone at 1-800-546-5141.

back to top

7. Does the reverse stock split result in taxable income, gain or losses?

The Company has been advised that, under current law, for U.S. federal income tax purposes, the receipt of split shares of common stock, as a result of this reverse share split, will not result in any taxable income, gain or losses to shareholders. Further, immediately after the reverse stock split, the per share tax basis of all shares of common stock held by a shareholder will be the basis in the original shares allocated equally to the original shares and the split shares. For example, if you own 100 shares of WPG common stock before the reverse share split with a tax basis of $15.00 per share, after the split you own 12 shares of WPG common stock with a tax basis of $125.00 per share. Finally, the split shares will be deemed to have been acquired at the same time as the original shares.

The aforementioned tax information is furnished for your assistance, but you should consult your personal tax advisor regarding the impact this might have on your personal situation.

The laws of jurisdictions other than that of the U.S. may impose income taxes, gains or losses on this reverse share split. For WPG common shareholders outside of the U.S., please consult your local tax advisor on tax impacts as they could vary by jurisdiction.

back to top

8. Whom Do I Contact With Questions About My Account?

Registered holders with questions about your statement, dividend payments, registration changes, lost stock certificates, stock holdings or related matters should contact WPG's Transfer Agent:

Computershare
Shareholder website: www.computershare.com/investor
Shareholder online inquiries: https://www-us.computershare.com/investor/Contact

Toll Free Number: 866-239-2277 Toll Number: 1 (201) 680 6578 Shareholder correspondence
should be mailed to:
Computershare
P.O. Box 505005
Louisville, KY 40233-5005

Beneficial shareholders (shares held by your broker in the name of the brokerage house) should contact your broker on all administrative matters.

Stock Listing: NEW YORK STOCK EXCHANGE
Symbol: WPG

back to top

9. Whom Should I Contact With Questions About Washington Prime Group’s Limited Partner Units?

Contact Investor Relations at Investor.Relations@washingtonprime.com.

back to top

10. Does Washington Prime Inc. Issue 1099s Or K-1s For Tax Reporting Purposes?

Holders of Washington Prime Inc. common stock will receive 1099s. Holders of Washington Prime Group's limited partnership units will receive K-1s. Form 1099s are required to be mailed to shareholders by January 31st and K-1s by July 15th.

back to top

11. Where Is Washington Prime Group’s Corporate Headquarters?

Corporate address:
180 E. Broad Street, Floor 21
Columbus, OH 43215

back to top

12. When Does Washington Prime Group’s Fiscal Year End?

Washington Prime Group’s fiscal year-ends on December 31.

back to top

13. Does Washington Prime Inc. Have A Direct Stock Purchase Plan?

Yes, through Computershare.

back to top

14. Whom Should I Contact Regarding Investor Inquiries?

You can contact the Investor Relations team at Investor.Relations@washingtonprime.com.

back to top