MACERICH CO — Director's Dealing 2016

Jan 5, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MACERICH CO (MAC)
CIK: 0000912242
Period of Report: 2015-12-18

Reporting Person: HUBBELL FRED S (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-12-18	Common Stock	G	5100	—	Disposed	50408	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-01-01	Phantom Stock Units	$0	A	4132.67	Acquired		Common Stock (4132.67)	Direct

Footnotes

F1: 970 shares are also held by the Frederick S. Hubbell Article IV Trust U/A 11/23/83. 10,511 shares are also held by the James W. Hubbell, Jr. Trust for the benefit of the reporting person and his descendants.

F2: In addition, 5,705 shares are held by his wife. The reporting person disclaims beneficial ownership of all shares held by his wife 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: Convertible on a 1 for 1 basis.

F4: The shares attributable to the phantom stock units generally first become distributable upon the January 1 following the date of termination of service pursuant to earlier elections in accordance with the Plan terms.

F5: Includes 6,287.47 previously unreported phantom stock units accrued under the dividend reinvestment feature of the Plan.