Victor B. MacFarlane - 02 Jul 2021 Form 4 Insider Report for MACK CALI REALTY CORP (VRE)

Role
Director
Signature
/s/ Victor B. MacFarlane
Issuer symbol
VRE
Transactions as of
02 Jul 2021
Net transactions value
+$4,650
Form type
4
Filing time
07 Jul 2021, 17:03:10 UTC
Previous filing
11 Jun 2021
Next filing
17 Aug 2021
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VRE Phantom Stock Units Award $4,650 +267 $17.43 267 02 Jul 2021 Common Stock, $0.01 par value 267 $0.000000 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The phantom stock units convert to common stock on a one-for-one basis.
F2 The number of phantom stock units awarded is comprised of a quarterly director's fee earned under the Mack-Cali Realty Corporation Deferred Compensation Plan for Directors.
F3 The phantom stock units were accrued under the Mack-Cali Realty Corporation Deferred Compensation Plan for Directors and are to be settled 100% in Mack-Cali Realty Corporation common stock upon the termination of the reporting person's service on the Board of Directors of Mack-Cali Realty Corporation or upon a change in control of Mack-Cali Realty Corporation.