Home/Filings/4/0001179110-21-000332
4//SEC Filing

Cardoso Ricardo 4

Accession 0001179110-21-000332

CIK 0000924901other

Filed

Jan 5, 7:00 PM ET

Accepted

Jan 6, 4:48 PM ET

Size

7.0 KB

Accession

0001179110-21-000332

Insider Transaction Report

Form 4
Period: 2021-01-04
Cardoso Ricardo
EVP & Chief Investment Officer
Transactions
  • Award

    Class J 2021-2022 LTIP Units

    2021-01-04+334,449334,449 total
    Exercise: $0.00Common Stock (334,449 underlying)
Footnotes (3)
  • [F1]On January 4, 2021, the reporting person received a grant of Class J 2021-2022 LTIP Units (the "Class J Units") of Mack-Cali Realty, L.P. (the "Operating Partnership"). The Class J Units are a class of units of the Operating Partnership that, following the occurrence of certain events and upon vesting are convertible by the holder into an equivalent number of Common Units of the Operating Partnership ("Common Units"). Common Units of the Operating Partnership are redeemable by the holder for cash or, at the election of Mack-Cali Realty Corporation (the "Company"), shares of common stock of the Company on a one-for-one basis or the cash value of such shares.
  • [F2]Class J Units may vest over a measurement period ending December 31, 2022 based on the attainment of certain commercial asset sales volume metrics by the Company.
  • [F3]Reported amounts exclude the following securities directly beneficially owned by the reporting person: (i) 3,687 Class B 2016 LTIP Units; (ii) 4,449 Class D 2017 LTIP Units, (iii) 22,676 Class E 2018 LTIP Units, (iv) 11,799 Class F 2018 LTIP Units, (v) 16,353 Class G 2019 LTIP Units, (vi) 8,937 Class H 2019 LTIP Units, and (vii) 68,306 Class I 2020 LTIP Units. Subject to certain vesting conditions, all of these other classes of LTIP Units of the Operating Partnership may be converted to Common Units on a one-for-one basis.

Issuer

MACK CALI REALTY CORP

CIK 0000924901

Entity typeother

Related Parties

1
  • filerCIK 0001654120

Filing Metadata

Form type
4
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 4:48 PM ET
Size
7.0 KB