MAC · Macerich Co

Convertible on a 1 for 1 basis.

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.

Includes 741.49 previously unreported phantom stock units accrued under the dividend reinvestment feature of the Plan.

Convertible on a 1 for 1 basis.

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.

Includes 543.33 previously unreported phantom stock units accrued under the dividend reinvestment feature of the Plan.

Non-cash compensation - Award of restricted stock units under The Macerich Company 2003 Equity Incentive Plan ("2003 Plan"). The restricted stock units vest one year after the award date.

Includes 2,922 previously unreported restricted stock units that have been credited as dividend equivalents under the deferral feature of the 2003 Plan.

Non-cash compensation - Award of restricted stock units under The Macerich Company 2003 Equity Incentive Plan ("2003 Plan"). The restricted stock units vest one year after the award date.

Includes 414 previously unreported restricted stock units that have been credited as dividend equivalents under the deferral feature of the 2003 Plan.

Non-cash compensation - Award of restricted stock units under The Macerich Company 2003 Equity Incentive Plan ("2003 Plan"). The restricted stock units vest one year after the award date.

Includes 4,876 previously unreported restricted stock units that have been credited as dividend equivalents under the deferral feature of the 2003 Plan.

Non-cash compensation - Award of restricted stock units under The Macerich Company 2003 Equity Incentive Plan ("2003 Plan"). The restricted stock units vest one year after the award date.

Non-cash compensation - Award of restricted stock units under The Macerich Company 2003 Equity Incentive Plan ("2003 Plan"). The restricted stock units vest one year after the award date.

Includes 1,818 previously unreported restricted stock units that have been credited as dividend equivalents under the deferral feature of the 2003 Plan.

Represents shares held by the reporting person as of the filing date of this report, as corrected for a prior clerical error.

Non-cash compensation - Award of restricted stock units under The Macerich Company 2003 Equity Incentive Plan ("2003 Plan"). The restricted stock units vest one year after the award date.

Includes 3,413 previously unreported restricted stock units that have been credited as dividend equivalents under the deferral feature of the 2003 Plan.

Non-cash compensation - Award of restricted stock units under The Macerich Company 2003 Equity Incentive Plan ("2003 Plan"). The restricted stock units vest one year after the award date.

Includes 625 previously unreported restricted stock units that have been credited as dividend equivalents under the deferral feature of the 2003 Plan.

Represents the vesting of performance-based units of limited partnership interest in The Macerich Partnership, LP (the "Partnership"), of which the Issuer is the general partner. These LTIP Units were issued as long-term incentive compensation and vested upon achievement of certain pre-established performance criteria. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in the Partnership ("Common Unit"). Each Common Unit may generally be redeemed, 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 for one share of common stock. The rights to convert LTIP Units into Common Units and redeem for common stock do not have expiration dates.

On January 1, 2023, the reporting person was granted an LTIP Unit award pursuant to which the reporting person could earn 50,136 LTIP Units at target performance, based on the Issuer's performance relative to certain performance criteria during the period from January 1, 2023 through December 31, 2025. On February 16, 2026, the Compensation Committee of the Board of Directors of the Issuer determined that 51,585 of the LTIP Units, or 102.89% of the target amount, were earned based on the Issuer's performance during the performance period. The LTIP Units vested on December 31, 2025 and must be retained by the reporting person until December 31, 2026.

Represents the vesting of performance-based units of limited partnership interest in The Macerich Partnership, LP (the "Partnership"), of which the Issuer is the general partner. These LTIP Units were issued as long-term incentive compensation and vested upon achievement of certain pre-established performance criteria. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in the Partnership ("Common Unit"). Each Common Unit may generally be redeemed, 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 for one share of common stock. The rights to convert LTIP Units into Common Units and redeem for common stock do not have expiration dates.

On January 1, 2023, the reporting person was granted an LTIP Unit award pursuant to which the reporting person could earn 50,136 LTIP Units at target performance, based on the Issuer's performance relative to certain performance criteria during the period from January 1, 2023 through December 31, 2025. On February 16, 2026, the Compensation Committee of the Board of Directors of the Issuer determined that 51,585 of the LTIP Units, or 102.89% of the target amount, were earned based on the Issuer's performance during the performance period. The LTIP Units vested on December 31, 2025 and must be retained by the reporting person until December 31, 2026.

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 to Common Units and redeem Common Units do not have expiration dates.

LTIP Units vest one-third on December 31, 2026, one-third on December 31, 2027 and one-third on December 31, 2028.

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 to Common Units and redeem Common Units do not have expiration dates.

LTIP Units vest one-third on December 31, 2026, one-third on December 31, 2027 and one-third on December 31, 2028.

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 to Common Units and redeem Common Units do not have expiration dates.

LTIP Units vest one-third on December 31, 2026, one-third on December 31, 2027 and one-third on December 31, 2028.

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 to Common Units and redeem Common Units do not have expiration dates.

LTIP Units vest one-third on December 31, 2026, one-third on December 31, 2027 and one-third on December 31, 2028.

Convertible on a 1 for 1 basis.

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.

Includes 1,660.06 previously unreported phantom stock units that have been credited as dividend equivalents under the deferral feature of the 2003 Plan.

Convertible on a 1 for 1 basis.

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 an earlier election in accordance with the Plan terms.

Includes 808.82 previously unreported phantom stock units accrued under the dividend reinvestment feature of the Plan.

Non-cash compensation - Award of restricted stock units under The Macerich Company 2003 Equity Incentive Plan ("2003 Plan"). The restricted stock units vest one year after the award date.

Includes 21 previously unreported restricted stock units that have been credited as dividend equivalents under the deferral feature of the 2003 Plan.

Non-cash compensation - Award of restricted stock units under The Macerich Company 2003 Equity Incentive Plan ("2003 Plan"). The restricted stock units vest one year after the award date.

Includes 1,377 previously unreported restricted stock units that have been credited as dividend equivalents under the deferral feature of the 2003 Plan.

Non-cash compensation - Award of restricted stock units under The Macerich Company 2003 Equity Incentive Plan ("2003 Plan"). The restricted stock units vest one year after the award date.

Includes 2,802 previously unreported restricted stock units that have been credited as dividend equivalents under the deferral feature of the 2003 Plan.

Non-cash compensation - Award of restricted stock units under The Macerich Company 2003 Equity Incentive Plan ("2003 Plan"). The restricted stock units vest one year after the award date.

Includes 213 previously unreported restricted stock units that have been credited as dividend equivalents under the deferral feature of the 2003 Plan.

Non-cash compensation - Award of restricted stock units under The Macerich Company 2003 Equity Incentive Plan ("2003 Plan"). The restricted stock units vest one year after the award date.

Includes 4,216 previously unreported restricted stock units that have been credited as dividend equivalents under the deferral feature of the 2003 Plan.

Non-cash compensation - Award of restricted stock units under The Macerich Company 2003 Equity Incentive Plan ("2003 Plan"). The restricted stock units vest one year after the award date.

Includes 2,961 previously unreported restricted stock units that have been credited as dividend equivalents under the deferral feature of the 2003 Plan.

Non-cash compensation - Award of restricted stock units under The Macerich Company 2003 Equity Incentive Plan ("2003 Plan"). The restricted stock units vest one year after the award date.

Convertible on a 1 for 1 basis.

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 an earlier election in accordance with the Plan terms.

Includes 249.59 previously unreported phantom stock units accrued under the dividend reinvestment feature of the Plan.

Represents the vesting of performance-based units of limited partnership interest in The Macerich Partnership, LP (the "Partnership"), of which the Issuer is the general partner. These LTIP Units were issued as long-term incentive compensation and vested upon achievement of certain pre-established performance criteria. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in the Partnership ("Common Unit"). Each Common Unit may generally be redeemed, 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 for one share of common stock. The rights to convert LTIP Units into Common Units and redeem for common stock do not have expiration dates.

On January 1, 2022, the reporting person was granted an LTIP Unit award pursuant to which the reporting person could earn 34,876 LTIP Units at target performance, based on the Issuer's performance relative to certain performance criteria during the period from January 1, 2022 through December 31, 2024. The Compensation Committee of the Board of Directors of the Issuer determined that 29,704 of the LTIP Units, or 85.17% of the target amount, were earned based on the Issuer's performance during the performance period. The LTIP Units vested on December 31, 2024 and must be retained by the reporting person until December 31, 2025.

Represents the vesting of performance-based units of limited partnership interest in The Macerich Partnership, LP (the "Partnership"), of which the Issuer is the general partner. These LTIP Units were issued as long-term incentive compensation and vested upon achievement of certain pre-established performance criteria. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in the Partnership ("Common Unit"). Each Common Unit may generally be redeemed, 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 for one share of common stock. The rights to convert LTIP Units into Common Units and redeem for common stock do not have expiration dates.

On January 1, 2022, the reporting person was granted an LTIP Unit award pursuant to which the reporting person could earn 34,876 LTIP Units at target performance, based on the Issuer's performance relative to certain performance criteria during the period from January 1, 2022 through December 31, 2024. The Compensation Committee of the Board of Directors of the Issuer determined that 29,704 of the LTIP Units, or 85.17% of the target amount, were earned based on the Issuer's performance during the performance period. The LTIP Units vested on December 31, 2024 and must be retained by the reporting person until December 31, 2025.

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 to Common Units and redeem Common Units do not have expiration dates.

LTIP Units vest one-third on December 31, 2025, one-third on December 31, 2026 and one-third on December 31, 2027.

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 to Common Units and redeem Common Units do not have expiration dates.

LTIP Units vest one-third on December 31, 2025, one-third on December 31, 2026 and one-third on December 31, 2027.

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 to Common Units and redeem Common Units do not have expiration dates.

LTIP Units vest one-third on December 31, 2025, one-third on December 31, 2026 and one-third on December 31, 2027.

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 to Common Units and redeem Common Units do not have expiration dates.

LTIP Units vest one-third on December 31, 2025, one-third on December 31, 2026 and one-third on December 31, 2027.

Non-cash compensation - Award of restricted stock units under The Macerich Company 2003 Equity Incentive Plan ("2003 Plan"). The restricted stock units vest May 30, 2025.

Convertible on a 1 for 1 basis.

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 an earlier election in accordance with the Plan terms.

Includes 2,244.64 previously unreported phantom stock units that have been credited as dividend equivalents under the deferral feature of the Plan.

Convertible on a 1 for 1 basis.

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.

Includes 1,145.17 previously unreported phantom stock units that have been credited as dividend equivalents under the deferral feature of the Plan.

The sales price ranged from $20.51 to $20.615.

Non-cash compensation - Award of restricted stock units under The Macerich Company 2003 Equity Incentive Plan, as amended and restated. The restricted stock units vest on May 30, 2025.

Convertible on a 1 for 1 basis.

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.

Non-cash compensation - Award of restricted stock units under The Macerich Company 2003 Equity Incentive Plan ("2003 Plan"). The restricted stock units vest one year after the award date.

Includes 3,297 previously unreported restricted stock units that have been credited as dividend equivalents under the deferral feature of the 2003 Plan.

Non-cash compensation - Award of restricted stock units under The Macerich Company 2003 Equity Incentive Plan ("2003 Plan"). The restricted stock units vest one year after the award date.

Includes 1,222 previously unreported restricted stock units that have been credited as dividend equivalents under the deferral feature of the 2003 Plan.

Non-cash compensation - Award of restricted stock units under The Macerich Company 2003 Equity Incentive Plan ("2003 Plan"). The restricted stock units vest one year after the award date.

Includes 4,670 previously unreported restricted stock units that have been credited as dividend equivalents under the deferral feature of the 2003 Plan.

Non-cash compensation - Award of restricted stock units under The Macerich Company 2003 Equity Incentive Plan ("2003 Plan"). The restricted stock units vest one year after the award date.

Non-cash compensation - Award of restricted stock units under The Macerich Company 2003 Equity Incentive Plan ("2003 Plan"). The restricted stock units vest one year after the award date.

Includes 3,088 previously unreported restricted stock units that have been credited as dividend equivalents under the deferral feature of the 2003 Plan.

Includes 1,274 previously unreported shares acquired as part of a dividend reinvestment election by the reporting person.