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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
912242	Macerich Co	MAC	Real Estate Investment Trusts (6798)	954448705

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1065835	D Robert Perlmutter	The Macerich Company 401 Wilshire Boulevard, Suite 700 Santa Monica CA 90401	Senior Evp And Coo	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2017-01-03	1,500	$70.79	4,645	No	4	S	Indirect	Revocable Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	Revocable Trust

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	LTIP Units	Acquisiton	2017-01-01	7,058	$0.00	7,058	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
15,118			No	4	A	Direct

Footnotes

The sales reported were automatic pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 9, 2016.
The sales price ranged from $70.38 to $71.19.
Represents units of limited partnership interest in The Macerich Partnership, L.P. (the "Partnership"), of which the Issuer is the general partner, issued as long term incentive compensation pursuant to the Issuer's equity based compensatory programs. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes and time vesting, each LTIP Unit may be converted into a common unit of limited partnership interest in the Partnership (a "Common Unit"). Each Common Unit acquired upon conversion of a LTIP Unit may be presented for redemption, at the election of the holder, for cash equal to the then fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at its election, acquire each Common Unit so presented for one share of Common Stock. The rights to convert LTIP Units into Common Units and redeem Common Units do not have expiration dates.
LTIP Units vest one-third on December 29, 2017, one-third on December 31, 2018 and one-third on December 31, 2019.
In addition, the reporting person holds 109,014 limited partnership units in the Partnership through a revocable trust, which are generally redeemable upon certain circumstances for an equal number of shares of The Macerich Company's common stock.