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-------- U.S. SECURITIES AND EXCHANGE COMMISSION
FORM 4 WASHINGTON, D.C. 20549
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/ / CHECK THIS BOX IF NO STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
LONGER SUBJECT TO
SECTION 16. FORM 4 OR Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
FORM 5 OBLIGATIONS MAY Section 17(a) of the Public Utility Holding Company Act of 1935 or
CONTINUE. SEE Section 30(f) of the Investment Company Act of 1940
INSTRUCTION 1(b).
(Print or Type Responses)
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1. Name and Address of Reporting Person* 2. Issuer Name AND Ticker or Trading Symbol 6. Relationship of Reporting Person(s)
to Issuer (Check all applicable)
X Director 10% Owner
Mack William L. Mack-Cali Realty Corporation (CLI) ---- ----
--------------------------------------------------------------------------------------------- Officer (give Other
(Last) (First) (Middle) 3. IRS or Social Security 4. Statement for ---- title ---- (specify
Number of Reporting Month/Year below) below)
Person (Voluntary) ----------------- ------------------
c/o Mack-Cali Realty Corporation 05/02
11 Commerce Drive
-------------------------------------------- --------------------- 7. Individual or Joint/Group Filing
(Street) 5. If Amendment, (Check Applicable Line)
Date of Original X Form filed by One Reporting Person
(Month/Year) ---
Form filed by More than One
Cranford, New Jersey 07016 --- Reporting Person
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(City) (State) (Zip) TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Owner- 7. Nature
(Instr. 3) action action or Disposed of (D) Securities ship of In-
Date Code (Instr. 3, 4 and 5) Beneficially Form: direct
(Instr. 8) Owned at Direct Bene-
(Month/ End of (D) or ficial
Day/ ------------------------------------------- Month Indirect Owner-
Year) (A) or (I) ship
Code V Amount (D) Price (Instr. 3 (Instr. 4) (Instr. 4)
and 4)
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* If the form is filed by more than one reporting person, SEE Instruction 4(b)(v).
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
(Print or Type Responses)
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FORM 4 (CONTINUED) TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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1. Title of Derivative Security 2. Conver- 3. Trans- 4. Transac- 5. Number of Deriv- 6. Date Exer-
(Instr. 3) sion or action tion Code ative Securities Ac- cisable and Ex-
Exercise Date (Instr. 8) quired (A) or Dis- piration Date
Price of (Month/ posed of (D) (Month/Day/
Deriv- Day/ (Instr. 3, 4, and 5) Year)
ative Year)
Security
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Code V (A) (D) Date Expira-
Exer- tion
cisable Date
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Units of Limited 5/8/02 J(2) 11,905 (1)
Partnership Interest (1)
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Units of Limited 5/8/02 J(2) 123,425 (1)
Partnership Interest (1)
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Series B Preferred Units 5/8/02 J(2) 755 (4)
of Limited Partnership
Interest (4)
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Series B Preferred Units 5/8/02 J(2) 7,844 (4)
of Limited Partnership
Interest (4)
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Warrants to Purchase Units 5/8/02 J(2) 6,109 (6)
of Limited Partnership
Interest (6)
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Warrants to Purchase Units 5/8/02 J(2) 63,334 (6)
of Limited Partnership
Interest (6)
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7. Title and Amount of Under- 8. Price 9. Number 10. Owner- 11. Nature
lying Securities of of Deriv- ship of In-
(Instr. 3 and 4) Deriv- ative Form direct
ative Securi- of De- Bene-
Secur- ties rivative ficial
ity Bene- Secu- Own-
(Instr. ficially rity: ership
5) Owned Direct (Instr. 4)
at End (D) or
Amount or of Indi-
Title Number of Month rect (I)
Shares (Instr. 4) (Instr. 4)
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Common Stock (1) 872,626 (1) D
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Common Stock (1) 361,265 (1) I (3)
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Common Stock (4) 54,556 (4) D
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Common Stock (4) 22,594 (4) I (5)
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Common Stock (6) 439,477 (6) D
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Common Stock (6) 182,448 (6) I (7)
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Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, SEE Instruction 6 for procedure.
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Explanation of Responses:
(1) The units of limited partnership interest ("Units") represent interests in
Mack-Cali Realty, L.P., a Delaware limited partnership, through which Mack-
Cali Realty Corporation (the "Corporation") conducts its real estate
activities. The Units are redeemable for cash, based upon the fair market
value of an equivalent number of shares of Common Stock at the time of such
redemption, or, at the election of the Corporation, shares of Common Stock
on a one-for-one basis.
(2) On May 8, 2002, TriWest Associates, LP transferred all of its rights, title
and interest in and to its Units, the Series B Preferred Units of limited
partnership interest (the "Series B Preferred Units") and Warrants to
purchase Units (the "Warrants"). Prior to the transfer, the reporting
person possessed sole or shared dispositive power or voting power with
respect to all the Units, the Series B Preferred Units and Warrants held
by TriWest Associates, LP.
(3) Includes Units held by members of the reporting person's immediate family
and trusts of which he is a trustee and Units held by trusts of which the
reporting person or his wife is a trustee, of which the reporting person
disclaims beneficial ownership.
(4) The Series B Preferred Units are immediately convertible into Units. Any
Units received upon conversion of the Series B Preferred Units shall be
redeemable into an equal number of shares of Common Stock. The reporting
person's 54,556 Series B Preferred Units are convertible into 1,574,488
Units and the 22,594 Series B Preferred Units held by the reporting
person's immediate family and trusts are convertible into 652,063 Units.
(5) Includes Series B Preferred Units held by members of the reporting person's
immediate family and trusts of which he is a trustee and Series B Preferred
Units held by trusts of which the reporting person or his wife is a
trustee, of which the reporting person disclaims beneficial ownership.
(6) The Warrants are exercisable on a one-for-one basis. The Warrants are
exercisable at a price of $37.80 per Unit and expire on December 11, 2002.
Any Units received upon exercise of the Warrants shall be immediately
redeemable into Common Stock.
(7) Includes Warrants held by members of the reporting person's immediate
family and trusts of which he is a trustee and Warrants held by trusts of
which the reporting person or his wife is a trustee, of which the reporting
person disclaims beneficial ownership.
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
/s/ William L. Mack 6/10/02
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**Signature of Reporting Person Date
* If the form is filed by more than one reporting person, SEE Instruction 4(b)(v).
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
(Print or Type Responses)