COWNIE JAMES S 4
4 · MACERICH CO · Filed Apr 2, 2009
Insider Transaction Report
Form 4
MACERICH COMAC
COWNIE JAMES S
Director
Transactions
- Award
Phantom Stock Units
2009-03-31+0→ 33,245.08 totalExercise: $0.00→ Common Stock (0 underlying)
Footnotes (3)
- [F1]Convertible on a 1 for 1 basis.
- [F2]The shares attributable to the phantom stock units generally first become distributable upon the January 1 following the date of termination of service pursuant to earlier elections in accordance with the Plan terms, except units relating to January 1, 2005 through December 31, 2009 (together with any earnings thereon) shall be distributed commencing on January 1, 2012 in two equal annual installments.
- [F3]Includes 5,628.81 previously unreported phantom stock units accrued under the dividend reinvestment feature of the Plan.