4//SEC Filing
MACK DAVID S 4
Accession 0001179110-19-007659
CIK 0000924901other
Filed
Jun 13, 8:00 PM ET
Accepted
Jun 14, 4:18 PM ET
Size
10.5 KB
Accession
0001179110-19-007659
Insider Transaction Report
Form 4
MACK DAVID S
Director
Transactions
- Disposition to Issuer
Common Stock
2019-06-12$16.90/sh−0.7$12→ 73,926 total - Exercise/Conversion
Phantom Stock Units
2019-06-12−35,662.7→ 0 totalExercise: $0.00→ Common Stock (35,662.7 underlying) - Exercise/Conversion
Common Stock
2019-06-12+35,662.7→ 73,926.7 total
Footnotes (5)
- [F1]The reporting person obtained the shares of common stock upon the settlement of phantom stock units in connection with the reporting person's retirement from the Board of Directors of Mack-Cali Realty Corporation (the "Corporation"). The phantom stock units convert to shares of the Corporation's common stock, par value $0.01 per share (the "Common Stock"), on a one-for-one basis.
- [F2]The reported amount does not include 25,000 shares of common stock beneficially owned by The David and Sondra Mack Foundation, Inc. (the "Foundation"), a charitable foundation of which the reporting person is a trustee. Pursuant to Rule 13d-4, the reporting person disclaims beneficial ownership of all of the shares of common stock beneficially owned by the Foundation.
- [F3]Represents the cash-out of 0.700 fractional shares of Common Stock issued upon the settlement of 35,662.700 phantom stock units for 35,662 shares of Common Stock.
- [F4]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.
- [F5]Reported amount excludes 1,756,947 common units of limited partnership interest of Mack-Cali Realty, L.P. ("Common Units") directly beneficially owned by the reporting person. Reported amount also excludes 200,000 Common Units held by the Foundation. Pursuant to Rule 13d-4, the reporting person disclaims beneficial ownership of all of the Common Units held by the Foundation.
Documents
Issuer
MACK CALI REALTY CORP
CIK 0000924901
Entity typeother
IncorporatedMD
Related Parties
1- filerCIK 0001055851
Filing Metadata
- Form type
- 4
- Filed
- Jun 13, 8:00 PM ET
- Accepted
- Jun 14, 4:18 PM ET
- Size
- 10.5 KB