0001179110-17-000769.txt : 20170109
0001179110-17-000769.hdr.sgml : 20170109
20170109161527
ACCESSION NUMBER: 0001179110-17-000769
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170105
FILED AS OF DATE: 20170109
DATE AS OF CHANGE: 20170109
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: MACK CALI REALTY CORP
CENTRAL INDEX KEY: 0000924901
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 223305147
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: HARBORSIDE 3
STREET 2: 210 HUDSON ST., STE. 400
CITY: JERSEY CITY
STATE: NJ
ZIP: 07311
BUSINESS PHONE: 7325901000
MAIL ADDRESS:
STREET 1: HARBORSIDE 3
STREET 2: 210 HUDSON ST., STE. 400
CITY: JERSEY CITY
STATE: NJ
ZIP: 07311
FORMER COMPANY:
FORMER CONFORMED NAME: CALI REALTY CORP /NEW/
DATE OF NAME CHANGE: 19960730
FORMER COMPANY:
FORMER CONFORMED NAME: CALI REALTY L P
DATE OF NAME CHANGE: 19941025
FORMER COMPANY:
FORMER CONFORMED NAME: CALI REALTY CORP
DATE OF NAME CHANGE: 19940608
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: DeMarco Michael J.
CENTRAL INDEX KEY: 0001499706
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13274
FILM NUMBER: 17517681
MAIL ADDRESS:
STREET 1: C/O VORNADO REALTY TRUST
STREET 2: 888 SEVENTH AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10019
4
1
edgar.xml
FORM 4 -
X0306
4
2017-01-05
0
0000924901
MACK CALI REALTY CORP
CLI
0001499706
DeMarco Michael J.
C/O MACK-CALI REALTY CORPORATION
HARBORSIDE 3, 210 HUDSON ST., STE. 400
JERSEY CITY
NJ
07311
0
1
0
0
President and COO
Restricted Stock Units
2017-01-05
4
A
0
67.55
0
A
19531.67
D
Performance Stock Units
0
2017-01-05
4
A
0
304.00
0
A
Common Stock
304.00
58914.35
D
On June 5, 2015 (the "Grant Date"), the reporting person was issued 18,775.27 restricted stock units ("RSUs") which shall vest in three equal, annual installments commencing June 5, 2016. Each RSU represents a contingent right to receive one share of common stock of Mack-Cali Realty Corporation (the "Company"). Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on the Company's common stock. On January 5, 2017, the record date for the Company's quarterly dividend on its common stock (the "Dividend Record Date"), 67.55 dividend equivalent rights at $28.92 per RSU were credited to the reporting person's account.
The RSUs attributable to dividend equivalents shall vest when, and to the extent, the underlying RSUs are vested.
Reported amount includes 6,440 vested RSUs that have been settled in shares of common stock and 13,091.67 unvested RSUs (including unvested dividend equivalents with respect to such unvested RSUs).
On the Grant Date, the reporting person was granted 56,325.82 performance stock units ("PSUs") which shall vest based on the degree to which a relative total shareholder return target is attained for the three year performance period commencing on the Grant Date. Each PSU represents a contingent right to receive one share of the Company's common stock. Dividend equivalent rights accrue with respect to these PSUs when and as dividends are paid on the Company's common stock. On the Dividend Record Date, 304.00 dividend equivalent rights at $28.92 per PSU were credited to the reporting person's account.
The PSUs attributable to dividend equivalents shall vest when, and to the extent, the underlying PSUs are vested.
Reported amount excludes the following securities directly beneficially owned by the reporting person: (i) options to purchase 400,000 shares of the Company's common stock, (ii) 118,989 Class A LTIP Units of Mack-Cali Realty, L.P. (the "Operating Partnership"), and (iii) 23,041 Class B LTIP Units of the Operating Partnership. Subject to certain vesting conditions, the Class A LTIP Units and Class B LTIP Units may be converted to common units of limited partnership interest in the Operating Partnership which are redeemable for shares of common stock of the Company on a one-for-one basis.
/s/ Michael J. DeMarco
2017-01-09