Victor B. MacFarlane - 04 Oct 2021 Form 4 Insider Report for MACK CALI REALTY CORP (VRE)

Role
Director
Signature
/s/ Victor B. MacFarlane
Issuer symbol
VRE
Transactions as of
04 Oct 2021
Net transactions value
+$19,375
Form type
4
Filing time
06 Oct 2021, 16:18:56 UTC
Previous filing
20 Aug 2021
Next filing
17 Nov 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 $19,375 +1,095 +410% $17.70 1,361 04 Oct 2021 Common Stock, $0.01 par value 1,095 $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.