Gilmartin MaryAnne 4
4 · MACK CALI REALTY CORP · Filed Jul 28, 2020
Insider Transaction Report
Form 4
Gilmartin MaryAnne
Director
Transactions
- Award
Non-Qualified Stock Options (Right to Buy)
2020-07-24+172,495→ 172,495 total(indirect: By LLC)Exercise: $14.39From: 2020-07-24Exp: 2030-07-24→ Common Stock, $0.01 par value (172,495 underlying)
Footnotes (2)
- [F1]On July 24, 2020, Mack-Cali Realty Corporation (the "Company") granted the Reporting Person a fully vested stock option to purchase up to 230,000 shares (the "Regular Options") of the Company's common stock, $0.01 par value per share (the "Common Stock"), with an exercise price of $14.39 per share, and up to 100,000 shares (the "Premium Options") of Common Stock with an exercise price of $20.00 per share. 57,505 of the Regular Options and all of the Premium Options (together, the "Approval-Subject Options") were granted expressly subject to and conditioned upon (and may not be exercised, in whole or in part, until) the approval by the Company's stockholders at or before the Company's 2021 Annual Meeting of Stockholders of a sufficient increase in the number of Shares available for issuance under the Company's 2013 Incentive Stock Plan to cover the Approval-Subject Options.
- [F2]The Reporting Person, by virtue of her being the sole equity owner of MAG Partners 2.0 LLC, is the indirect beneficial owner of the securities directly held by MAG Partners 2.0 LLC for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.