Filing Details

Accession Number:
0001179110-14-004823
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-03-07 20:45:10
Reporting Period:
2014-03-06
Filing Date:
2014-03-07
Accepted Time:
2014-03-07 20:45:10
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
912242 Macerich Co MAC Real Estate Investment Trusts (6798) 954448705
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1421983 L Randy Brant The Macerich Company
401 Wilshire Blvd., Suite 700
Santa Monica CA 90401
Evp, Real Estate No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2014-03-06 18,000 $61.03 46,323 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock LTIP Units Acquisiton 2014-03-07 24,896 $0.00 24,896 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
36,681 No 4 A Direct
Footnotes
  1. The sale price ranged from $61.00 to $61.14 per share.
  2. Represents units of limited partnership interest in The Macerich Partnership, L.P. (the "Partnership"), of which the Issuer is the general partner, issued as long term incentive compensation pursuant to the Issuer's equity based compensatory programs. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted into a common unit of limited partnership interest in the Partnership (a "Common Unit"). Each Common Unit acquired upon conversion of a LTIP Unit may be presented for redemption, at the election of the holder, for cash equal to the then fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at its election, acquire each Common Unit so presented for one share of Common Stock. The rights to convert LTIP Units into Common Units and redeem Common Units do not have expiration dates.