UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

FORM  i 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported):  i June 11, 2021

 

THE MACERICH COMPANY

(Exact Name of Registrant as Specified in Charter)

 

 

MARYLAND		i 1-12504		i 95-4448705
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(IRS Employer Identification No.)

 

i 401 Wilshire Boulevard,  i Suite 700,  i Santa Monica,  i California  i 90401

(Address of Principal Executive Offices) (Zip Code)

Registrant’s telephone number, including area code  i (310)  i 394-6000

N/A

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

i ☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

i ☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

i ☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

i ☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class		Trading symbol(s)		Name of each exchange on which registered
i Common stock of The Macerich Company, $0.01 par value per share		i MAC		i The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  i ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

ITEM 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 11, 2021, The Macerich Company (the “Company”) entered into an employment agreement, effective June 8, 2021 (the “Employment Agreement Renewal”), with Thomas E. O’Hern, the Company’s Chief Executive Officer. The Employment Agreement Renewal provides for the continuation of Mr. O’Hern’s employment as the Company’s Chief Executive Officer through December 31, 2023 under substantially the same terms and conditions as set forth in his prior employment agreement with the Company. Pursuant to the Employment Agreement Renewal, Mr. O’Hern will receive an annual base salary of $850,000 (increased from $800,000).

The foregoing summary of the terms and conditions of the Employment Agreement Renewal is not complete and is qualified in its entirety by reference to the full text of the Employment Agreement Renewal, which is filed herewith as Exhibit 10.l and incorporated herein by reference.

 

ITEM 9.01

Financial Statements and Exhibits.

(d) Exhibits.

The following exhibit is filed as part of this report.

 

Exhibit Number		Description
10.1		Employment Agreement Renewal between the Company and Thomas E. O’Hern, effective June 8, 2021.
104		Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, The Macerich Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

						THE MACERICH COMPANY
						By: ANN C. MENARD
June 15, 2021						/s/ Ann C. Menard
Date						Senior Executive Vice President,
						Chief Legal Officer and Secretary