MACERICH CO — Director's Dealing 2011

Mar 25, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MACERICH CO (MAC)
CIK: 0000912242
Period of Report: 2011-03-25

Reporting Person: O HERN THOMAS E (Senior EVP, Treasurer & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-25	Common Stock	S	25000	$48.07	Disposed	162391	Direct

Footnotes

F1: The sale price ranged from $48.02 to $48.09 per share.

F2: In addition, 5,525 shares are held by minor children who share the reporting person's household. The reporting person disclaims beneficial ownership of all shares held by his children 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.

F3: 3,485 shares are also held indirectly by the reporting person through the Company's 401(k) Plan.