0001179110-20-004137.txt : 20200326
0001179110-20-004137.hdr.sgml : 20200326
20200326164558
ACCESSION NUMBER: 0001179110-20-004137
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200324
FILED AS OF DATE: 20200326
DATE AS OF CHANGE: 20200326
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Wagner Gary T
CENTRAL INDEX KEY: 0001609399
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13274
FILM NUMBER: 20746655
MAIL ADDRESS:
STREET 1: 343 THORNALL STREET, 8TH FLOOR
CITY: EDISON
STATE: NJ
ZIP: 08837-2206
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
0001609399
Wagner Gary T
C/O MACK-CALI REALTY CORPORATION
HARBORSIDE 3, 210 HUDSON ST., STE. 400
JERSEY CITY
NJ
07311
0
1
0
0
General Counsel & Secretary
Class I 2020 LTIP Units
0
2020-03-24
4
A
0
68306
0
A
Common Stock
68306
68306
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 the following securities directly beneficially owned by the reporting person: (i) 3,687 Class B 2016 LTIP Units; (ii) 13,473 Class C 2017 LTIP Units, (iii) 4,449 Class D 2017 LTIP Units, (iv) 22,676 Class E 2018 LTIP Units, (v) 11,799 Class F 2018 LTIP Units, (vi) 16,353 Class G 2019 LTIP Units, and (vii) 8,937 Class H 2019 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.
/s/ Gary T. Wagner
2020-03-26