- -------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION ----------------------------- FORM 4 Washington, D.C. 20549 OMB APPROVAL - -------- ----------------------------- / / CHECK THIS BOX IF NO STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OMB NUMBER: 3235-0287 LONGER SUBJECT TO EXPIRES: January 31, 2005 SECTION 16. FORM 4 OR Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, ESTIMATED AVERAGE BURDEN FORM 5 OBLIGATIONS MAY Section 17(a) of the Public Utility Holding Company Act of 1935 or HOURS PER RESPONSE .... 0.5 CONTINUE. SEE Section 30(f) of the Investment Company Act of 1940 ----------------------------- INSTRUCTION 1(b). - ------------------------------------------------------------------------------------------------------------------------------------ 1. Name and Address of Reporting Person* 2. Issuer Name AND Ticker or Trading Symbol 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner Cali John J. Mack-Cali Realty Corporation (CLI) ---- ---- - --------------------------------------------------------------------------------------------- Officer (give Other (Last) (First) (Middle) 3. IRS or Social Security 4. Statement for ---- title ---- (specify Number of Reporting Month/Year below) below) c/o Mack-Cali Realty Corporation Person (Voluntary) 06/02 11 Commerce Drive - -------------------------------------------- ------------------------------------------------------------ (Street) 5. If Amendment, 7. Individual or Joint/Group Filing Date of Original (Check Applicable Line) (Month/Year) X Form filed by One Reporting Person ---- Form filed by More than One Cranford, New Jersey 07016 ----Reporting Person - ------------------------------------------------------------------------------------------------------------------------------------ (City) (State) (Zip) TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED - ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Owner- 7. Nature (Instr. 3) action action or Disposed of (D) Securities ship of In- Date Code (Instr. 3, 4 and 5) Beneficially Form: direct (Month/ (Instr. 8) Owned at Direct Bene- Day/ End of (D) or ficial Year) ------------------------------------------- Month Indirect Owner- Code V Amount (A) or Price (Instr. 3 (I) ship (D) and 4) (Instr. 4) (Instr. 4) - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 6/19/02 S 1,538.532 D $34.26 D - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 6/19/02 S 1,398.667 D $34.26 I By trust - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 6/19/02 S 1,398.667 D $34.27 I By trust - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 6/20/02 M(1) 3,000 A $26.31 D - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 6/20/02 S 3,000 D $34.50 D - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 6/21/02 M(1) 2,000 A $26.31 D - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 6/21/02 M(1) 3,000 A $31.625 D - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 6/21/02 S(1) 2,900 D $34.51 D - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 6/21/02 S(1) 1,000 D $34.54 D - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 6/21/02 S(1) 1,100 D $34.55 1,151 D - ------------------------------------------------------------------------------------------------------------------------------------ * If the form is filed by more than one reporting person, SEE Instruction 4(b)(v). (Over) Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Print or Type Responses)

FORM 4 (CONTINUED) TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) - ------------------------------------------------------------------------------------------------------------------------ 1. Title of Derivative Security 2. Conver- 3. Trans- 4. Transac- 5. Number of Deriv- 6. Date Exer- (Instr. 3) sion or action tion Code ative Securities Ac- cisable and Ex- Exercise Date (Instr. 8) quired (A) or Dis- piration Date Price of (Month/ posed of (D) (Month/Day/ Deriv- Day/ (Instr. 3, 4, and 5) Year) ative Year) Security ---------------------------------------------------------- Code V (A) (D) Date Expira- Exer- tion cisable Date - ------------------------------------------------------------------------------------------------------------------------ Director Stock Option (Right to Buy) $26.31 6/20/02 M(1) 3,000 5/14/02 5/14/11 - ------------------------------------------------------------------------------------------------------------------------ Director Stock Option (Right to Buy) $26.31 6/21/02 M(1) 2,000 5/14/02 5/14/11 - ------------------------------------------------------------------------------------------------------------------------ Director Stock Option (Right to Buy) $31.625 6/21/02 M(1) 3,000 5/19/00 5/19/09 - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------ 7. Title and Amount of Under- 8. Price 9. Number 10. Owner- 11. Nature lying Securities of of Deriv- ship of In- (Instr. 3 and 4) Deriv- ative Form direct ative Securi- of De- Bene- Secur- ties rivative ficial ity Bene- Secu- Own- (Instr. ficially rity: ership 5) Owned Direct (Instr. 4) ----------------------- at End (D) or Title Amount or of Indi- Number of Month rect (I) Shares (Instr. 4) (Instr. 4) - ------------------------------------------------------------------------------------------ Common Stock 3,000 D - ------------------------------------------------------------------------------------------ Common Stock 2,000 0 D - ------------------------------------------------------------------------------------------ Common Stock 3,000 0 D - ------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------ Explanation of Responses: (1) The reporting person obtained and sold the Common Stock as a result of the cashless exercise of Director Stock Options. ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). /s/ John J. Cali 7/10/02 ----------------------------------- ----------- **Signature of Reporting Person Date Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, SEE Instruction 6 for procedure. Page 2