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MACERICH CO — Director's Dealing 2011
Dec 16, 2011
31072_dirs_2011-12-16_e3139ccb-1591-4c7d-a606-f0f294c72fef.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MACERICH CO (MAC)
CIK: 0000912242
Period of Report: 2011-11-30
Reporting Person: ANDERSON DANA K (Director, Vice Chairman of the Board)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-12-14 | Common Stock | J | 55000 | — | Disposed | 175218 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-11-30 | OP Units | $ | G | 200000 | Disposed | Common Stock (200000) | Indirect | |
| 2011-12-14 | OP Units | $ | J | 55000 | Acquired | Common Stock (55000) | Indirect |
Footnotes
F1: On December 14, 2011, the Anderson Family Trust exchanged 55,000 shares of the issuer's common stock for 55,000 OP Units that were owned by the Dana K. Anderson 2009 Grantor Retained Annuity Trust ("2009 GRAT"). The reporting person's wife and children are the trustees of the 2009 GRAT. After this transaction, the 2009 GRAT is the owner of 11,566.4974 OP Units and 55,000 shares of the issuer's common stock. The reporting person disclaims beneficial ownership of securities held in the 2009 GRAT, and this report should not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or otherwise. On December 14, 2011, the closing price of the issuer's common stock was $48.31.
F2: The reporting person also directly owns 5,954 shares acquired through the Macerich Employee Stock Purchase Plan.
F3: Redeemable for an equal number of common stock or, at the election of the issuer, cash equal to the fair market value of such shares.
F4: These securities were transferred to the Dana K. Anderson 2011 Grantor Retained Annuity Trust ("2011 GRAT") from the Anderson Family Trust. The reporting person's wife and children are trustees of the 2011 GRAT. The reporting person disclaims beneficial ownership of securities held in the 2011 GRAT, and this report should not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or otherwise.
F5: None.