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FORM 4 U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
OMB APPROVAL
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[_] CHECK THIS BOX IF NO LONGER OMB NUMBER: 3235-0287
SUBJECT TO SECTION 16. FORM 4 Expires: September 30, 1998
OR FORM 5 OBLIGATIONS MAY Estimated average burden
CONTINUE. SEE INSTRUCTION 1(b). hours per response ...... 0.5
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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*
Greenspan Andrew
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(Last) (First) (Middle)
c/o Mack-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
Mack-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
02/98
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person to Issuer
(Check all applicable)
Director 10% Owner
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X Officer Other
----- (give title below) ------ (specify below)
Vice President
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7. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
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Form filed by More than One Reporting Person.
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<CAPTION>
TABLE 1 -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Ownership 7. Nature
(Instr. 3) action action or Disposed of (D) Securities Form: of Indirect
Date Code Beneficially Direct Beneficial
(Instr. 8) (Instr. 3,4 and 5) Owned at (D) or Ownership
(Month/ ------------ -------------------------- End of Month Indirect (Instr. 4)
Day/ (A) or (Instr. 3 (I)
Year) Code V Amount (D) Price and 4) (Instr. 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
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</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction
4(b)(v).
(Over)
SEC 1474 (7-96)
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FORM 4 (CONTINUED)
<TABLE>
<CAPTION>
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. Transaction 4. Transaction 5. Number of Derivative 6. Date Exercisable
(Instr. 3) or Exercise Date Code Securities Acquired (A) and Expiration
Price of (Month/Day/ (Instr. 8) or Disposed of (D) Date
Derivative Year) (Instr. 3, 4, and 5) (Month/Day/
Security Year)
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Date
Exer- Expiration
Code V (A) (D) cisable Date
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
Units of Limited Partnership
Interest (1) (1) 2/17/98 J (1) 7,000 (1)
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Units of Limited Partnership
Interest (1) (1) 2/17/98 J (1) 7,000 (1)
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<CAPTION>
7. Title and Amount of 8. Price of Derivative 9. Number of Derivative 10. Ownership Form 11. Nature of Indirect
Underlying Securities Security (Instr. 5) Securities Beneficially of Derivative Security: Beneficial Ownership
(Instr. 3 and 4) Owned at End of Month Direct (D) or (Instr. 4)
- ------------------------ (Instr. 4) Indirect (I) (Instr. 4)
Title Amount or
Number of
Shares
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<S> <C> <C> <C> <C> <C>
Common Stock 7,000 8,000 I By Trust (1)
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Common Stock 7,000 7,000 D
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</TABLE>
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 conducts its real estate activities. The
Units are redeemable on a one-for-one basis for shares of Common Stock. The
reporting person previously indirectly beneficially owned 15,000 Units as
beneficiary of the RMC Development Company, LLC Executive Deferred Compensation
Plan AG Trust (the "Trust"). On February 16, 1998, the Trust transferred 7,000
Units to the reporting person, resulting in the reporting person's direct
beneficial ownership of 7,000 Units and indirect beneficial ownership, through
the Trust, of 8,000 Units.
/s/ Andrew Greenspan 3/10/98
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** Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If
space provided is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB Number.
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SEC 1474 (7-96)
