MACERICH CO — Director's Dealing 2013

Apr 5, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MACERICH CO (MAC)
CIK: 0000912242
Period of Report: 2013-04-04

Reporting Person: ANDERSON DANA K (Director, Vice Chairman of the Board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-04-04	Common Stock	J	30000	—	Disposed	124283	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-04-04	OP Units	$	J	30000	Acquired		Common Stock (30000)	Indirect

Footnotes

F1: On April 4, 2013, the Anderson Family Trust exchanged 30,000 shares of the issuer's common stock for 30,000 OP Units that were owned by The Dana K. Anderson 2011 Grantor Retained Annuity Trust ("2011 GRAT"). The reporting person's wife and children are the trustees of the 2011 GRAT. After this transaction, the 2011 GRAT is the owner of 88,268 OP Units and 30,000 shares of the issuer's common stock. 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. On April 4, 2013, the closing price of the issuer's common stock was $65.15.

F2: 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.

F3: None.