0001179110-20-005285.txt : 20200430
0001179110-20-005285.hdr.sgml : 20200430
20200430162407
ACCESSION NUMBER: 0001179110-20-005285
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200324
FILED AS OF DATE: 20200430
DATE AS OF CHANGE: 20200430
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: 20836008
MAIL ADDRESS:
STREET 1: C/O MACK-CALI REALTY CORPORATION
STREET 2: HARBORSIDE 3, 210 HUDSON ST., STE. 400
CITY: JERSEY CITY
STATE: NJ
ZIP: 07311
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
4
1
edgar.xml
FORM 4 -
X0306
4
2020-03-24
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
1
1
0
0
Chief Executive Officer
Class I 2020 LTIP Units
0
2020-03-24
4
A
0
546448
0
A
Common Stock
546448
546448
D
On March 24, 2020, the reporting person received a grant of Class I 2020 LTIP Units (the "Class I Units") of Mack-Cali Realty, L.P. (the "Operating Partnership"). The Class I 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.
Fifty percent (50%) of the Class I Units may vest over a three to five year period based on the attainment of absolute total stockholder return ("TSR") metrics by the Company over a three year performance period. The remaining fifty percent (50%) of the Class I Units may vest over a three to five year period based on the Company's TSR relative to the TSR of a peer group of twenty-four REITs over the same three year performance period.
Reported amounts exclude: (i) options to purchase 400,000 shares of Common Stock, (ii) 23,041 Class B 2016 LTIP Units; (iii) 196,482 Class C 2017 LTIP Units, (iv) 32,443 Class D 2017 LTIP Units, (v) 340,136 Class E 2018 LTIP Units, (vi) 58,997 Class F 2018 LTIP Units, (vii) 245,298 Class G 2019 LTIP Units, (viii) 44,683 Class H 2019 LTIP Units, and (ix) 625,000 Class AO 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, except that Class AO LTIP Units convert to a number of Common Units determined by reference to the increase in value of the Company's common stock at the time of conversion over the value of the common stock at the March 13, 2019 grant date of the Class AO LTIP Units.
This Form 4 is being filed after its due date as a result of the misappropriation of the reporting person's SEC filing codes by an unauthorized third party causing a filing delay.
/s/ Michael J. DeMarco
2020-04-30