DeBari Giovanni M 4

4 · MACK CALI REALTY CORP · Filed Apr 23, 2021

Form 4

Period: 2021-04-21

Chief Accounting Officer

Transactions

Award
Time Vesting Restricted Stock Units
2021-04-21+5,378→ 6,628 total
Award
Performance Vesting Restricted Stock Units
2021-04-21+9,966→ 9,966 total
Exercise: $0.00→ Common Stock, $0.01 par value (9,966 underlying)

Footnotes (4)

[F1]On April 21, 2021, the reporting person was granted time vesting restricted stock units (each, a "TVRSU"). Each TVRSU represents a contingent right to receive one share of common stock, $0.01 par value (the "Common Stock"), of Mack-Cali Realty Corporation (the "Company").
[F2]The TVRSUs vest in three equal annual installments beginning April 21, 2022.
[F3]On April 21, 2021, the reporting person was granted performance vesting restricted stock units (each, a "PVRSU"). Each PVRSU represents represents a contingent right to receive one share of Common Stock.
[F4]Seventy-five percent (75%) of the PVRSUs may vest over a three year period based on the attainment of absolute total stockholder return ("TSR") metrics by the Company over a three year performance period. The remaining twenty-five percent (25%) of the PVRSUs may vest over a three year period based on the Company's TSR relative to the TSR of a select group of twenty-four (24) peer REITs over the same three year performance period.

Documents

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