Giovanni M. DeBari - 09 Jun 2021 Form 4 Insider Report for MACK CALI REALTY CORP (VRE)

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
4
Accepted by SEC
11 Jun 2021, 16:02:49 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Giovanni M. DeBari

Key filing fact

Giovanni M. DeBari filed Form 4 for MACK CALI REALTY CORP (VRE) on 11 Jun 2021.

Key facts

  • This page summarizes Giovanni M. DeBari's Form 4 filing for MACK CALI REALTY CORP (VRE).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 11 Jun 2021, 16:02.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

VRE transaction Derivative

Outperformance Vesting Restricted Stock Units

Award

Transaction value
$0
Shares
+5,378
Change %
Price
$0.000000
Shares after
5,378
Date
09 Jun 2021
Ownership
Direct
Underlying class
Common Stock, $0.01 par value
Underlying amount
5,378
Exercise price
$0.000000
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

On April 21, 2021, Mack-Cali Realty Corporation (the "Company") granted the reporting person outperformance vesting restricted stock units (each, a "OPVRSU"). Each OPVRSU represents represents a contingent right to receive one share of the Company's common stock, $0.01 par value per share (the "Common Stock"). The OPVRSUs were granted expressly subject to and conditioned upon (and could not be exercised, in whole or in part, until) the approval by the Company's stockholders at or before the Company's 2021 Annual Meeting of Stockholders (the "Annual Meeting") of a sufficient increase in the number of Shares available for issuance under the Company's 2013 Incentive Stock Plan to cover the OPVRSUs, which approval was obtained at the Annual meeting on June 9, 2021.

Footnote F2

The OPVRSUs may vest on April 20, 2024 from 0% to 100% based on the attainment of certain levels of adjusted funds from operations per share for the Company's fiscal year ending December 31, 2023.

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