COWNIE JAMES S 4
4 · MACERICH CO · Filed Apr 2, 2010
Insider Transaction Report
Form 4
MACERICH COMAC
COWNIE JAMES S
Director
Transactions
- Award
Phantom Stock Units
2010-03-31+0→ 43,044.56 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 relating to (i) the period from July 31, 1994 through December 31, 2004 shall be distributed on the January 1 following the date of termination of board service in a single lump sum; (ii) the period from January 1, 2005 through December 31, 2009 shall be distributed commencing on January 1, 2012 in two equal annual installments; and (iii) the period from January 1, 2010 through December 31, 2012 shall be distributed commencing on January 1, 2015 in three equal annual installments.
- [F3]Includes 637.56 previously unreported phantom stock units accrued under the dividend reinvestment feature of the Plan.