GANTCHER NATHAN 4
4 · MACK CALI REALTY CORP · Filed Jan 5, 2018
Insider Transaction Report
Form 4
GANTCHER NATHAN
Director
Transactions
- Award
Phantom Stock Units
2018-01-03$21.57/sh+1,278.245$27,572→ 38,209.704 totalExercise: $0.00→ Common Stock (1,278.245 underlying)
Footnotes (3)
- [F1]The phantom stock units convert to common stock on a one-for-one basis.
- [F2]The number of phantom stock units awarded is comprised of a quarterly director's fee earned and a quarterly dividend credited on cumulative phantom stock units under the Mack-Cali Realty Corporation Deferred Compensation Plan for Directors.
- [F3]The phantom stock units were accrued under the Mack-Cali Realty Corporation Deferred Compensation Plan for Directors and are to be settled 100% in Mack-Cali Realty Corporation common stock upon the termination of the reporting person's service on the Board of Directors of Mack-Cali Realty Corporation or upon a change in control of Mack-Cali Realty Corporation.