4//SEC Filing
MACERICH CO 4
Accession 0001179110-15-002342
$MACCIK 0000912242operating
Filed
Feb 10, 7:00 PM ET
Accepted
Feb 11, 8:00 PM ET
Size
18.6 KB
Accession
0001179110-15-002342
Insider Transaction Report
Form 4
MACERICH COMAC
Leanse Thomas J.
Senior EVP
Transactions
- Exercise/Conversion
Common Stock
2015-02-09$59.57/sh+39,932$2,378,749→ 40,243 total - Disposition to Issuer
Common Stock
2015-02-09$87.34/sh−27,236$2,378,792→ 13,007 total - Conversion
Common Stock
2015-02-09+15,000→ 28,007 total - Sale
Common Stock
2015-02-10$87.46/sh−27,500$2,405,051→ 507 total - Gift
OP Units
2014-12-30−2,500→ 66,555 totalFrom: 2012-09-01→ Common Stock (2,500 underlying) - Gift
OP Units
2015-02-04−2,500→ 86,499 totalFrom: 2012-09-01→ Common Stock (2,500 underlying) - Conversion
OP Units
2015-02-09−15,000→ 71,499 totalFrom: 2012-09-01→ Common Stock (15,000 underlying) - Exercise/Conversion
Stock Appreciation Rights
2015-02-09−39,932→ 0 totalExercise: $59.57From: 2012-09-01Exp: 2022-09-01→ Common Stock (39,932 underlying)
Footnotes (8)
- [F1]The reporting person redeemed 15,000 units of limited partnership interest ("Units") of The Macerich Partnership, L.P., of which the issuer is the general partner. 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. The reporting person also holds 10,338 vested performance-based LTIP Units and 7,284 unvested service-based LTIP Units.
- [F2]The sales price ranged from $87.25 to $87.68.
- [F3]The reporting person sold 12,500 shares received upon exercise of his stock appreciation rights and 15,000 shares received upon redemption of his Units. These shares were sold in connection with tax planning.
- [F4]The reporting person also holds 161 shares in a trust for the benefit of one of his children.
- [F5]In addition, 50 shares are held by his adult child who is currently sharing the reporting person's household. The reporting person disclaims beneficial ownership of all shares held by this child, and this report should not be deemed an admission that the reporting person is the beneficial owner of such shares for purposes of Section 16 or otherwise.
- [F6]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.
- [F7]These securities were gifted to two separate entities.
- [F8]None.
Documents
Issuer
MACERICH CO
CIK 0000912242
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0000912242
Filing Metadata
- Form type
- 4
- Filed
- Feb 10, 7:00 PM ET
- Accepted
- Feb 11, 8:00 PM ET
- Size
- 18.6 KB