0001179110-17-000409.txt : 20170104 0001179110-17-000409.hdr.sgml : 20170104 20170104201731 ACCESSION NUMBER: 0001179110-17-000409 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170101 FILED AS OF DATE: 20170104 DATE AS OF CHANGE: 20170104 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: MACERICH CO CENTRAL INDEX KEY: 0000912242 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 954448705 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 401 WILSHIRE BLVD STREET 2: STE 700 CITY: SANTA MONICA STATE: CA ZIP: 90401 BUSINESS PHONE: 3103946000 MAIL ADDRESS: STREET 1: 401 WILSHIRE BLVD SUITE 700 CITY: SANTA MONICA STATE: CA ZIP: 90401 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: PERLMUTTER ROBERT D CENTRAL INDEX KEY: 0001065835 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12504 FILM NUMBER: 17508301 MAIL ADDRESS: STREET 1: THE MACERICH COMPANY STREET 2: 401 WILSHIRE BLVD., SUITE 700 CITY: SANTA MONICA STATE: CA ZIP: 90401 4 1 edgar.xml FORM 4 - X0306 4 2017-01-01 0 0000912242 MACERICH CO MAC 0001065835 PERLMUTTER ROBERT D THE MACERICH COMPANY 401 WILSHIRE BOULEVARD, SUITE 700 SANTA MONICA CA 90401 0 1 0 0 Senior EVP and COO Common Stock 2017-01-03 4 S 0 1500 70.7880 D 4645 I Revocable Trust LTIP Units 2017-01-01 4 A 0 7058 0 A Common Stock 7058 15118 D The sales reported were automatic pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 9, 2016. The sales price ranged from $70.38 to $71.19. 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 into Common Units and redeem Common Units do not have expiration dates. LTIP Units vest one-third on December 29, 2017, one-third on December 31, 2018 and one-third on December 31, 2019. In addition, the reporting person holds 109,014 limited partnership units in the Partnership through a revocable trust, which are generally redeemable upon certain circumstances for an equal number of shares of The Macerich Company's common stock. Thomas J. Leanse for ROBERT D. PERLMUTTER 2017-01-04