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