BAYER RICHARD A 4

4 · MACERICH CO · Filed May 27, 2010

Form 4

Period: 2010-04-13

Senior EVP, CLO & Secretary

Transactions

Conversion
COMMON STOCK
2010-05-25+33,585→ 140,179 total(indirect: By Trust)
Conversion
Units
2010-05-25−33,585→ 3,018 total
From: 2010-05-25→ Common Stock (33,585 underlying)
Gift
COMMON STOCK
2010-04-13−2,500→ 106,196 total(indirect: By Trust)

Footnotes (4)

[F1]The reporting person redeemed 33,585 units of limited partnership interest ("Units") of The Macerich Partnership, L.P., of which the issuer is the general partner. Of the 33,585 units, 8,174 units were previously vested serviced-based LTIP Units and 25,411 units were previously vested performance-based LTIP Units of The Macerich Partnership, L.P. Units are redeemable for an equal number of shares of the issuer's Common Stock or, at the election of the issuer, cash equal to the fair market value of such shares. The issuer elected to redeem the reporting person's Units with Common Stock. Units have no expiration date.
[F2]Includes 398 shares acquired as part of the Company's quarterly dividend paid on March 22, 2010.
[F3]3,446 shares are also held indirectly by the reporting person through the Company's 401(k) Plan.
[F4]The reporting person also holds 4,087 service-based LTIP Units and 31,104 performance-based LTIP Units of The Macerich Partnership, L.P.

Documents

1 file