Veris Residential, Inc. — Director's Dealing 2021

Jun 11, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: Nia Mahbod (Director, Chief Executive Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-06-09	Outperformance Vesting Restricted Stock Units	$0	A	122926	Acquired		Common Stock, $0.01 par value (122926)	Direct

Footnotes

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.

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.