MACK CALI REALTY CORP 4
4 · MACK CALI REALTY CORP · Filed Jan 17, 2014
Insider Transaction Report
Form 4
THOMAS ROGER W
EVP, Gen Counsel and Secretary
Transactions
- Award
Phantom Stock Units
2014-01-15+52.116→ 8,235.845 totalExercise: $0.00From: 2014-01-15Exp: 1988-08-08→ Common Stock (52.116 underlying) - Gift
Common Stock
2014-01-14−750→ 146,874 total
Footnotes (4)
- [F1]On January 14, 2014, the reporting person gifted 750 shares of common stock to an educational institution.
- [F2]The phantom stock units shall be settled solely in cash based on the fair market value of an equal number of shares of common stock of Mack-Cali Realty Corporation (the "Company") on the earliest to occur of any of the following triggering events (each, a "Triggering Event"): (a) the reporting person's death or "disability"; (b) the date of the reporting person's separation from service to the Company; and (c) the effective date of a "change in control", in each case as such terms are defined in the reporting person's employment agreement.
- [F3]The phantom stock units were issued pursuant to a Multi-Year Deferred Compensation Agreement pursuant to the Company's dividend paid on January 15, 1014 solely in respect of vested phantom stock units.
- [F4]The phantom stock units are not subject to expiration and shall become payable within 30 days after the earliest to occur of any Triggering Event.