SEC Form 4 · accession 0001179110-18-003907
MACERICH CO · MAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Arthur M Coppola
Officer — Chairman & CEO · Director
Period of report
Mar 6, 2018
Accepted (ET)
Mar 8, 2018 · 8:14 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 6, 2018 | M | 107,679 | $53.947 | A | 203,732 | D | |
| Common StockF1,F2 | Mar 6, 2018 | D | 98,158 | $59.18 | D | 105,574 | 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 6, 2018 | M | 107,679 | D | Mar 15, 2011 | Mar 7, 2018 | Common Stock | 107,679 | 0 | D |
Explanation of responses
- F1488 shares are also held by Mr. Coppola's minor child. The reporting person disclaims beneficial ownership of all shares held by his child and this report should not be deemed an admission that the reporting person is the beneficial owner of such shares for the purposes of Section 16 or otherwise.
- F2In 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: 737,603 common units held directly by the reporting person and 1,764,055 common units held through family limited liabilities companies of which the reporting person is the sole manager.