SEC Form 4 · accession 0001179110-18-003713

MACERICH CO · MAC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Table I — non-derivative securities

Table II — derivative securities

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 345 previously unreported stock units that have been credited as dividend equivalents under the deferral feature of the 2003 Plan.
• F3The reporting person also holds 73,499 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.
• F4970 shares are also held by the Frederick S. Hubbell Article IV Trust U/A 11/23/83. 10,511 shares are also held by the James W. Hubbell, Jr. Trust for the benefit of the reporting person and his descendants.
• F5In addition, 5,705 shares are held by his wife. The reporting person disclaims beneficial ownership of all shares held by his wife 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.