SEC Form 4 · accession 0001179110-18-003906
MACERICH CO · MAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward C Coppola
Officer — President · Director
Period of report
Mar 7, 2018
Accepted (ET)
Mar 8, 2018 · 8:13 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 | Mar 7, 2018 | M | 76,508 | $53.947 | A | 333,282 | D | |
| Common StockF1,F2,F3,F4 | Mar 7, 2018 | D | 69,637 | $59.27 | D | 263,645 | 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 | $53.947 | Mar 7, 2018 | M | 76,508 | A | Mar 15, 2011 | Mar 7, 2018 | Common Stock | 76,508 | 0 | D |
Explanation of responses
- F15,750 shares are also held indirectly by the reporting person through the Company's 401(k) Plan.
- F21,800 shares are also held by Mr. Coppola for his children. 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.
- F339,969 shares are also held by E.C. Coppola Limited Partnership. The reporting person disclaims beneficial ownership of all shares held through this partnership for his wife and 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.
- F4In 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 Issuer's common stock: 1,386,451 OP Units held directly by the reporting person and 155,952 OP Units held through a grantor trust for the benefit of his children.