X0306 4 2017-03-01 1 0001042810 EQUITY ONE, INC. EQY 0001612632 Makinen Michael 410 PARK AVENUE, SUITE 1220 NEW YORK NY 10022 0 1 0 0 Chief Operating Officer Common Stock, par value $0.01 per share 2017-03-01 4 A 0 38528 0.00 A 67217 D Common Stock, par value $0.01 per share 2017-03-01 4 F 0 27128 0.00 D 40089 D Common Stock, par value $0.01 per share 2017-03-01 4 D 0 40089 D 0 D Represents shares issued under Issuer's Long-Term Incentive Plan ("LTIP") in connection with the Merger (as defined below). The acquisition was exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16b-3 promulgated thereunder. Represents shares surrendered to the Issuer for the payment of tax obligations arising from the vesting of restricted stock and shares issued under the Issuer's LTIP. The disposition was exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16b-3 promulgated thereunder. Pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of November 14, 2016, by and among the Issuer and Regency Centers Corporation ("Regency"), pursuant to which the Issuer merged with and into Regency with Regency surviving the merger (the "Merger"), at the effective time of the Merger, each share of the Issuer's common stock, par value $0.01 per share, held by the Reporting Person was converted into the right to receive 0.45 shares of Regency's common stock, par value $0.01. /s/ Michael Makinen 2017-03-01