MACERICH CO — Director's Dealing 2021

Jan 28, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MACERICH CO (MAC)
CIK: 0000912242
Period of Report: 2021-01-27

Reporting Person: ONTARIO TEACHERS PENSION PLAN BOARD (10% Owner)
Reporting Person: 1700480 ONTARIO INC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-27	Common Stock, par value $0.01 per share	S	7000000	$19.25	Disposed	17562964	Indirect
2021-01-27	Common Stock, par value $0.01 per share	S	4951814	$19.09	Disposed	12611150	Indirect
2021-01-27	Common Stock, par value $0.01 per share	S	6201597	$20.26	Disposed	6409553	Indirect
2021-01-27	Common Stock, par value $0.01 per share	S	4080364	$21.21	Disposed	2329189	Indirect
2021-01-27	Common Stock, par value $0.01 per share	S	706959	$22.03	Disposed	1622230	Indirect
2021-01-27	Common Stock, par value $0.01 per share	S	372230	$22.75	Disposed	1250000	Indirect
2021-01-27	Common Stock, par value $0.01 per share	S	400000	$24.93	Disposed	850000	Indirect
2021-01-27	Common Stock, par value $0.01 per share	S	850000	$25.75	Disposed	0	Indirect

Footnotes

F1: The shares of Common Stock were sold in a block trade at a price of $19.25 per share.

F2: The shares of Common Stock were owned directly by 1700480 Ontario Inc., which is a wholly owned subsidiary of Ontario Teachers' Pension Plan Board. Ontario Teachers' Pension Plan Board was an indirect beneficial owner of such reported securities.

F3: The price reported in Column 4 is a weighted average price per share. The shares of Common Stock were sold in multiple transactions at prices ranging from $18.60 to $19.59. The reporting persons undertake to provide the issuer, any stockholder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (3) and (9) to this Form 4.

F4: The price reported in Column 4 is a weighted average price per share. The shares of Common Stock were sold in multiple transactions at prices ranging from $19.60 to $20.59.

F5: The price reported in Column 4 is a weighted average price per share. The shares of Common Stock were sold in multiple transactions at prices ranging from $20.60 to $21.59.

F6: The price reported in Column 4 is a weighted average price per share. The shares of Common Stock were sold in multiple transactions at prices ranging from $21.60 to $22.59.

F7: The price reported in Column 4 is a weighted average price per share. The shares of Common Stock were sold in multiple transactions at prices ranging from $22.60 to $23.59.

F8: The price reported in Column 4 is a weighted average price per share. The shares of Common Stock were sold in multiple transactions at prices ranging from $24.60 to $25.59.

F9: The price reported in Column 4 is a weighted average price per share. The shares of Common Stock were sold in multiple transactions at prices ranging from $25.60 to $26.59.