Veris Residential, Inc. — Director's Dealing 2019

Jun 14, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MACK CALI REALTY CORP (CLI)
CIK: 0000924901
Period of Report: 2019-06-12

Reporting Person: PHILIBOSIAN ALAN G (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-06-12	Common Stock	M	25051.54	—	Acquired	50365.54	Direct
2019-06-12	Common Stock	D	0.54	$13.04	Disposed	50365	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-06-12	Phantom Stock Units	$0	M	25051.54	Disposed		Common Stock (25051.54)	Direct

Footnotes

F1: The reporting person obtained the shares of common stock upon the settlement of phantom stock units in connection with the reporting person's retirement from the Board of Directors of Mack-Cali Realty Corporation (the "Corporation"). The phantom stock units convert to shares of the Corporation's common stock, par value $0.01 per share (the "Common Stock"), on a one-for-one basis.

F2: Represents the cash-out of 0.54 fractional shares of Common Stock issued upon the settlement of 25,051.54 phantom stock units for 25,051 shares of Common Stock.

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.