MACK CALI REALTY CORP 4
4 · MACK CALI REALTY CORP · Filed Sep 30, 2015
Insider Transaction Report
Form 4
Litt Jonathan
Director
Transactions
- Purchase
Common Stock
2015-09-29$19.08/sh+130,500$2,489,614→ 817,900 total(indirect: See Footnote)
Footnotes (3)
- [F1]Common stock purchased by Land & Buildings Capital Growth Fund, L.P. or L&B Real Estate Opportunity Fund LP (the "L&B Funds") or a separate managed account.
- [F2]This transaction was executed in multiple trades at prices ranging from $19.00 to $19.13. 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) 625,600 shares of common stock that may be deemed to be beneficially owned by the L&B Funds; (b) 817,900 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 Funds and a separate managed account; and (c) 817,900 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 Funds and Land & Buildings. The reported amount excludes 5,213 shares of common stock directly beneficially owned by the reporting person.