MACERICH CO — Director's Dealing 2011

Apr 1, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MACERICH CO (MAC)
CIK: 0000912242
Period of Report: 2011-03-30

Reporting Person: BAYER RICHARD A (Senior EVP, CLO & Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-30	COMMON STOCK	S	10175	$48.17	Disposed	92870	Indirect

Footnotes

F1: The sale price ranged from $48.15 to $48.27 per share.

F2: 3,699 shares are also held indirectly by the reporting person through the Company's 401(k) Plan.