MACERICH CO 4
4 · MACERICH CO · Filed Jan 25, 2017
Insider Transaction Report
Form 4
MACERICH COMAC
PERLMUTTER ROBERT D
EVP, Leasing
Transactions
- Conversion
Units
2017-01-23−24,000→ 85,014 total(indirect: By Trust)From: 2015-12-31→ Common Stock (24,000 underlying) - Conversion
Common Stock
2017-01-23+24,000→ 28,645 total(indirect: By Trust)
Footnotes (1)
- [F1]The reporting person redeemed 24,000 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. Units have no expiration date.