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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Performance Stock Units | $ 0 (3) | 06/05/2015 | A(3) | 56,325.82 | 06/05/2018(4) | 06/05/2018(4) | Common Stock | 56,325.82 | $ 0 (3) | 56,325.82 | D | ||||
Stock Options (Right to Buy) | $ 17.31 | 06/05/2015 | A(5) | 200,000 | (5) | 06/05/2025(5) | Common Stock | 200,000 | $ 0 | 200,000 | D | ||||
Stock Options (Right to Buy) | $ 17.31 | 06/05/2015 | A(6) | 200,000 | (6) | 06/05/2025(6) | Common Stock | 200,000 | $ 0 | 400,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Rudin Mitchell E. C/O MACK-CALI REALTY CORPORATION 343 THORNALL STREET EDISON, NJ 08837-2206 |
CEO |
/s/ Mitchell E. Rudin | 06/08/2015 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | On June 5, 2015 (the "Grant Date"), the reporting person was granted 18,775.27 restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of common stock of Mack-Cali realty Corporation (the "Company"). |
(2) | The RSUs shall vest in three equal, annual installments commencing on June 5, 2016. |
(3) | On the Grant Date, the reporting person was granted 56,325.82 performance stock units ("PSUs"). Each PSU represents a contingent right to receive one share of the Company's common stock. |
(4) | The PSUs 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. |
(5) | On the Grant Date, the reporting person was granted options to purchase 200,000 shares of the Company's common stock at an exercise price of $17.31 per share, the closing price of the Company's common stock on the New York Stock Exchange (the "NYSE") on the Grant Date. The options shall vest in three equal, annual installments commencing on June 5, 2016. |
(6) | On the Grant Date, the reporting person was granted options to purchase 200,000 shares of the Company's common stock at an exercise price of $17.31 per share, the closing price of the Company's common stock on the NYSE on the Grant Date. The Options shall vest subject to the closing price of the Company's common stock on the NYSE being equal to or greater than $25.00 for 30 consecutive trading days on or before June 30, 2019. |