SEC Form 4 · accession 0001179110-15-002343
MACERICH CO · MAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas E O'Hern
Officer — Senior EVP, Treasurer & CFO
Period of report
Nov 20, 2014
Accepted (ET)
Feb 11, 2015 · 8:01 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000912242
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 20, 2014 | G | 1,500 | $0.00 | D | 54,767 | D | |
| Common Stock | Dec 30, 2014 | G | 350 | $0.00 | D | 54,417 | D | |
| Common Stock | Feb 9, 2015 | M | 59,406 | $56.633 | A | 113,823 | D | |
| Common Stock | Feb 9, 2015 | D | 38,521 | $87.34 | D | 75,302 | D | |
| Common StockF5,F1,F2,F3,F4 | Feb 10, 2015 | S | 20,885 | $87.2978 | D | 54,417 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation Rights | $56.633 | Feb 9, 2015 | M | 59,406 | D | Mar 15, 2011 | Mar 7, 2018 | Common Stock | 59,406 | 0 | D |
Explanation of responses
- F1In addition, the reporting person holds the following limited partnership units in The Macerich Partnership, L.P., which are generally redeemable upon certain circumstances for an equal number of shares of The Macerich Company's common stock: 135,268 OP Units; 10,338 vested performance-based LTIP Units and 7,284 unvested service-based LTIP Units.
- F23,924 shares are also held indirectly by the reporting person through the Company's 401(k) Plan.
- F34,147 shares are held by children who share the reporting person's household. The reporting person disclaims beneficial ownership of all shares held by his children and this report should not be deemed an admission that the reporting person is the beneficial owner of such shares for purposes of Section 16 or otherwise.
- F4Includes 1,378 shares held in a joint account for the reporting person and his son.
- F5The sales price ranged from $87.22 to $87.39.