MACERICH CO — Director's Dealing 2017

Jun 30, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MACERICH CO (MAC)
CIK: 0000912242
Period of Report: 2017-06-30

Reporting Person: COPPOLA ARTHUR M (Director, Chairman & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-06-30	Common Stock	S	100000	$58.1282	Disposed	96053	Direct

Footnotes

F1: The sales price ranged from $57.77 to $58.565.

F2: 488 shares are also held by Mr. Coppola's minor child. The reporting person disclaims beneficial ownership of all shares held by his child and this report should not be deemed an admission that the reporting person is the beneficial owner of such shares for the purposes of Section 16 or otherwise.

F3: In addition, the reporting person holds 107,679 vested stock appreciation rights and the following limited partnership units in The Macerich Partnership, L.P., which are generally redeemable upon certain circumstances for an equal number of shares of The Macerich Company's common stock: 737,603 OP Units held directly by the reporting person and 1,764,055 OP Units held through family limited liabilities companies of which the reporting person is the sole manager.