SEC Form 4 · accession 0001179110-16-021398
MACERICH CO · MAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John H Alschuler Jr.
Director
Period of report
Mar 4, 2016
Accepted (ET)
Mar 8, 2016 · 8:55 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 StockF1,F2,F3 | Mar 4, 2016 | A | 1,388 | $0.00 | A | 1,927 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the reporting person's annual equity award for service on the Board of Directors which was paid in the form of restricted stock units that vest in one year and was granted on the date designated by the Compensation Committee for all annual employee and director bonuses and awards consistent with past practice.
- F2Under The Macerich Company 2003 Equity Incentive Plan (the "2003 Plan"), a director may elect to have his or her account credited with dividend equivalents on the director's deferred restricted stock units when the Company pays cash dividends on its common stock, and to have such dividend equivalents denominated in additional stock units based on the fair market value of the Company's common stock on the applicable dividend payment date. Includes 39 stock units that have been credited as dividend equivalents under the deferral feature of the 2003 Plan since the reporting person's last Form 4 report.
- F3The reporting person also holds 1,446 stock units under the Company's Director Phantom Stock Plan, which units are convertible for an equal number of shares of The Macerich Company's common stock.