Form Type: 4

SEC EDGAR Link
Accession Number:0001209191-20-001342
Date:2020-01-01
Issuer: MACERICH CO (MAC)
Original Submission Date:

Reporting Person:

COPPOLA EDWARD C
401 WILSHIRE BLVD.
SUITE 700 SANTA MONICA, CA 90401

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
LTIP UNITS 0.0 2020-01-01 deemed execution date A 33,432 (a) common stock 33,432 $0.00 102,419 direct
Footnotes
IDfootnote
f1 represents units of limited partnership interest in the macerich partnership, l.p. (the "partnership"), of which the issuer is the general partner, issued as long term incentive compensation pursuant to the issuer's equity based compensatory programs. conditioned upon minimum allocations to the capital accounts of the ltip units for federal income tax purposes and time vesting, each ltip unit may be converted into a common unit of limited partnership interest in the partnership (a "common unit"). each common unit acquired upon conversion of a ltip unit may be presented for redemption, at the election of the holder, for cash equal to the then fair market value of a share of the issuer's common stock, except that the issuer may, at its election, acquire each common unit so presented for one share of common stock. the rights to convert ltip units to common units and redeem common units do not have expiration dates.
f2 ltip units vest one-third on december 31, 2020, one-third on december 31, 2021 and one-third on december 31, 2022.
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