PHILIBOSIAN ALAN G 4
4 · MACK CALI REALTY CORP · Filed Jun 14, 2019
Insider Transaction Report
Form 4
PHILIBOSIAN ALAN G
Director
Transactions
- Exercise/Conversion
Common Stock
2019-06-12+25,051.54→ 50,365.54 total - Disposition to Issuer
Common Stock
2019-06-12$13.04/sh−0.54$7→ 50,365 total - Exercise/Conversion
Phantom Stock Units
2019-06-12−25,051.54→ 0 totalExercise: $0.00→ Common Stock (25,051.54 underlying)
Footnotes (3)
- [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]Represents the cash-out of 0.54 fractional shares of Common Stock issued upon the settlement of 25,051.54 phantom stock units for 25,051 shares of Common Stock.
- [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.