Andrea M. Stephen - 01 Jan 2022 Form 4 Insider Report for MACERICH CO (MAC)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	MAC	Phantom Stock Units	Award	$0	+10,824	+54%	$0.000000	30,970	01 Jan 2022	Common Stock	10,824		Direct	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	Convertible on a 1 for 1 basis.
F2	The shares attributable to the phantom stock units generally first become distributable upon the January 1 following the date of termination of service in five equal installments pursuant to an earlier election in accordance with the Plan terms.
F3	Includes 1,321.38 previously unreported phantom stock units accrued under the dividend reinvestment feature of the Plan.