MACK CALI REALTY CORP 4
4 · MACK CALI REALTY CORP · Filed Oct 31, 2014
Insider Transaction Report
Form 4
Litt Jonathan
Director
Transactions
- Sale
Common Stock
2014-10-29$18.52/sh−187,400$3,470,292→ 290,000 total(indirect: See Footnote)
Footnotes (3)
- [F1]Common stock sold by Land & Buildings Capital Growth Fund, L.P. (the "L&B Fund") and a separate managed account.
- [F2]This transaction was executed in multiple trades at prices ranging from $18.4747 to $18.7470. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F3]The securities reported in Column 5 of this Table I include: (a) 231,500 shares of common stock that may be deemed to be beneficially owned by the L&B Fund; (b) 290,000 shares of common stock that may be deemed to be beneficially owned by Land & Buildings Investment Management, LLC ("Land & Buildings") by virtue of investment management agreements with the L&B Fund and a separate managed account; and (c) 290,000 shares of common stock that may be deemed to be beneficially owned by the reporting person by virtue of his direct and indirect control of each of the L&B Fund and Land & Buildings.