Veris Residential, Inc. — Director's Dealing 2021

Jun 17, 2021

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: MACK CALI REALTY CORP (CLI)
CIK: 0000924901
Period of Report: 2021-06-09

Reporting Person: Malhari Anna (EVP & Chief Operating Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Time Vesting Restricted Stock Units	9219	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Performance Vesting Restricted Stock Units	$0		Common Stock, $0.01 par value (5695)		Direct

Footnotes

F1: Each time vesting restricted stock units (each, a "TVRSU") represents a contingent right to receive one share of common stock, $0.01 par value (the "Common Stock"), of Mack-Cali Realty Corporation (the "Company").

F2: The TVRSUs vest in three equal annual installments beginning April 21, 2022.

F3: Each performance vesting restricted stock units (each, a "PVRSU") represents a contingent right to receive one share of Common Stock.

F4: Seventy-five percent (75%) of the PVRSUs may vest over a three year period based on the attainment of absolute total stockholder return ("TSR") metrics by the Company over a three year performance period. The remaining twenty-five percent (25%) of the PVRSUs may vest over a three year period based on the Company's TSR relative to the TSR of a select group of twenty-four (24) peer REITs over the same three year performance period.