Volk Kenneth 4
4 · MACERICH CO · Filed Jun 4, 2019
Insider Transaction Report
Form 4
MACERICH COMAC
Volk Kenneth
EVP, Business Development
Transactions
- Award
Common Stock
2019-05-31$30.88/sh+618$19,084→ 13,017 total - Tax Payment
Common Stock
2019-05-31$36.33/sh−28$1,017→ 12,989 total
Footnotes (3)
- [F1]The reporting person is voluntarily reporting the acquisition of the issuer's common stock pursuant to the issuer's Employee Stock Purchase Plan ("ESPP") for the six month ESPP offering period ended May 31, 2019. This transaction is exempt pursuant to Rule 16b-3(c).
- [F2]In accordance with the ESPP, the shares were purchased at a 15% discount from the closing price of the issuer's common stock on May 31, 2019.
- [F3]Represents shares withheld by the issuer to satisfy tax withholding obligations in connection with the reporting person's acquisition of shares pursuant to the ESPP on May 31, 2019.