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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
[_] CHECK THIS BOX IF NO LONGER
SUBJECT TO SECTION 16. FORM 4
OR FORM 5 OBLIGATIONS MAY
CONTINUE. SEE INSTRUCTION 1(b).
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
(PRINT OR TYPE RESPONSES)
1. Name and Address of Reporting Person*
Spring Albert
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(Last) (First) (Middle)
c/o Cali Realty Corporation, 11 Commerce Drive
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(Street)
Cranford, NJ 07016
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Cali Realty Corporation (CLI)
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Statement for Month/Year
June 1997
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5. If Amendment, Date of Original
(Month/Year)
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6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
[_] Director 10% Owner
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[X] Officer (give Other (Specify
----- title below) ------ below)
Vice-President--Operations
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7. Individual or Joint/Group Filing (Check Applicable Line)
[X] Form filed by One Reporting Person
[_] Form Filed by More than One Reporting Person
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TABLE I -- NON-DERIVATIVE SECURITIES, ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
1. Title of Security 2. Transac- 3. Transaction 4. Securities Acquired (A) 5. Amount of 6. Ownership 7. Nature
(Instr. 3) tion Code or Disposed of (D) Securities Form: of
Date (Instr. 8) (Instr. 3, 4, and 5) Beneficially Direct (D) or Indirect
(Month ----------- ------------------------- Owned at End Indirect (I) Beneficial
/Day/ Code V Amount (A) or (D) Price of Month (Instr. 3 and 4) Ownership
Year) (Instr. 3 and 4) (Instr. 4)
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<S> <C> <C> <C> <C> <C> <C>
Common Stock 5/9/97 P 1,000 A $30.50 D
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Common Stock 6/5/97 P 500 A $30.375 28,513 D
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Common Stock 2,335 I By Wife (1)
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</TABLE>
* 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. (Print or Type Responses)
(over)
SEC 1474 (7/96)
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FORM 4 (CONTINUED)
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TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
1. Title of Derivative Security 2. Conversion 3. Trans- 4. Trans- 5. Number of 6. Date Exercisable 7. Title and Amount
(Instr. 3) or Exercise action action Derivative and Expiration of Underlying
Price of Date Code Securities Date Securities
Derivative (Month/ (Instr.8) Acquired (A) (Month/Day/Year) (Instr. 3 and 4)
Security Day/ or Disposed
Year) of (D) (Instr.
3, 4 and 5)
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Code V (A) (D) Date Expira- Amount or
Exer- tion Number of
cisable Date Title Shares
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<S> <C> <C> <C> <C> <C> <C>
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</TABLE>
<TABLE>
<CAPTION>
8. Price of 9. Number of 10. Ownership 11. Nature of
Derivative Derivative Form of Indirect
Security Securities Derivative Beneficial
(Instr.5) Beneficially Security: Ownership
Owned at End Direct (D) (Instr. 4)
of Month Indirect (I)
(Instr. 4) (Instr.4)
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<S> <C> <C> <C>
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</TABLE>
Explanation of Responses:
(1) These securities are owned by the reporting person's wife and brother-in-law
as tenants-in-common. The reporting person disclaims beneficial ownership
of these securities, and this report shall not be deemed an admission that
the reporting person is the beneficial owner of such securities for the
purposes of Section 16 or for any other purposes.
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
/s/ Albert Spring 11/6/97
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**Signature of Reporting Person Date
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
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