4//SEC Filing
MACK CALI REALTY CORP 4
Accession 0001179110-05-012358
$VRECIK 0000924901operating
Filed
Jun 14, 8:00 PM ET
Accepted
Jun 15, 4:48 PM ET
Size
7.6 KB
Accession
0001179110-05-012358
Insider Transaction Report
Form 4
HERSH MITCHELL E
DirectorPresident and CEO
Transactions
- Conversion
Series B Preferred Units of Limited Partnership Interest
2005-06-13−2,606→ 0 totalExercise: $34.65From: 1988-08-08Exp: 1988-08-08→ Units of Limited Partnership Interest (75,209.24 underlying)
Footnotes (4)
- [F1]The Series B Preferred Units of limited partnership interest (the "Series B Preferred Units") in Mack-Cali Realty, L.P. (the "Operating Partnership"), of which Mack-Cali Realty Corporation (the "Corporation") is the general partner, were redeemed by the Operating Partnership and converted into common units of limited partnership interest in the Operating Partnership (the "Common Units").
- [F2]Each Series B Preferred Unit was convertible at the election of (i) the holder at any time and (ii) the Operating Partnership on or after June 13, 2005, into the number of Common Units equal to (x) $1,000, divided by (y) $34.65. Based upon this conversion formula, each outstanding Series B Preferred Unit was converted into approximately 28.86 Common Units. The right to convert the Series B Preferred Units was not subject to expiration.
- [F3]The Common Units are redeemable by the holders of Common Units at their option, subject to certain restrictions, on the basis of one Common Unit for either one share of the Corporation's common stock, par value $0.01 per share (the "Common Stock"), or cash equal to the fair market value of a share of Common Stock at the time of the redemption. The Corporation has the option to deliver shares of Common Stock in exchange for all or any portion of the cash requested.
- [F4]Excludes 121,424.24 Common Units directly beneficially owned by the reporting person (including the 75,209.24 as converted Common Units that are reported in Table II of this Form 4).
Documents
Issuer
MACK CALI REALTY CORP
CIK 0000924901
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0000924901
Filing Metadata
- Form type
- 4
- Filed
- Jun 14, 8:00 PM ET
- Accepted
- Jun 15, 4:48 PM ET
- Size
- 7.6 KB