Filed Pursuant to Rule 424(b)(3)
Registration No. 333-116437

 

Prospectus Supplement No. 1
To Reoffer Prospectus, Dated April 27, 2011

 

of

 

MACK-CALI REALTY CORPORATION

 

Relating to

 

137,269 Shares of Common Stock

 

This prospectus supplement, dated May 2, 2012 (this “Supplement”), supplements our reoffer prospectus filed as part of our Post Effective Amendment No. 1 to Registration Statement on Form S-8 dated April 27, 2011 (the “Prospectus”), relating to the resale by certain of our shareholders (collectively, the “Selling Shareholders”) who have acquired our common stock, par value $.01 per share, offered by this Supplement in conjunction with the Prospectus pursuant to our 2004 Incentive Stock Plan (the “Plan”). This Supplement presents certain information regarding the ownership of our common stock by the Selling Shareholders as of March 15, 2012, and updates the number of shares of our common stock available for resale by each Selling Shareholder pursuant to the Plan. No additional securities are being registered hereby.

 

You should read this Supplement in conjunction with the Prospectus. This Supplement is qualified by reference to the Prospectus, except to the extent the information in this Supplement supersedes the information contained in the Prospectus.

 

The Selling Shareholders may offer their shares of Common Stock through public or private transactions, in the over-the-counter markets or on any exchanges on which our Common Stock is traded at the time of sale, at prevailing market prices or at privately negotiated prices. The Selling Shareholders may engage brokers or dealers who may receive commissions or discounts from the Selling Shareholders. We will pay substantially all of the expenses incident to the registration of such shares, except for selling commissions.

 

Our Common Stock is listed on The New York Stock Exchange under the symbol “CLI.” The closing price of our Common Stock as reported on The New York Stock Exchange on May 1, 2012 was $29.01 per share.

 

You should carefully read and consider the risk factors under Item 1A beginning on page 8 in our Annual Report on Form 10-K for the year ended December 31, 2011 for risks relating to investments in our securities.

 

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon the adequacy or accuracy of this prospectus supplement. Any representation to the contrary is a criminal offense.

 

The date of this Prospectus Supplement is May 2, 2012

 


 

SELLING SHAREHOLDERS

 

The Selling Shareholders are persons listed in the table below who have acquired the common stock offered by this Supplement in conjunction with the Prospectus pursuant to our 2004 Incentive Stock Plan. Each Selling Shareholder will receive all of the net proceeds from the sale of his shares of common stock offered by this Supplement in conjunction with the Prospectus.

 

The following table presents certain information regarding the ownership of our common stock by the Selling Shareholders as of March 15, 2012. The number of shares of common stock outstanding will not change as a result of the offering, nor will the number of shares owned or percentage of ownership of any persons other than the Selling Shareholders change as a result thereof. However, because the Selling Shareholders may offer from time to time all or some of their shares under this Supplement, or in another permitted manner, no assurances can be given as to the actual number of shares that will be sold by the Selling Shareholders or that will be held by the Selling Shareholders after completion of the sales.

 

The information contained in the following table is as of March 15, 2012, and supersedes and replaces the table of Selling Shareholders, and the related footnotes, contained in the Prospectus.

 

Name and Position With Us

 

Number of
Shares Owned
Prior to
Offering(1)

 

Number of
Shares
Offered
Hereby(2)

 

Number of
Shares to Be
Owned After
Offering(3)

 

 

 

 

 

 

 

 

 

William L. Mack

 Chairman of the Board

 

2,119,885

 

4,793

 

2,115,092

 

Mitchell E. Hersh

 President, Chief Executive Officer and Director

 

551,063

 

50,000

 

501,063

 

Barry Lefkowitz

 Executive Vice President and Chief Financial Officer

 

216,384

 

20,910

 

195,474

 

Roger W. Thomas

 Executive Vice President, General Counsel and Secretary

 

146,213

 

13,636

 

132,577

 

Alan S. Bernikow

 Director

 

20,483

 

4,793

 

15,690

 

John R. Cali

 Director

 

306,519

 

4,793

 

301,726

 

Kenneth M. Duberstein

 Director

 

19,483

 

4,793

 

14,690

 

Nathan Gantcher

 Director

 

35,483

 

4,793

 

30,690

 

David S. Mack

 Director

 

1,999,230

 

4,793

 

1,994,437

 

Alan G. Philibosian

 Director

 

19,583

 

4,793

 

14,790

 

Irvin D. Reid

 Director

 

15,983

 

4,793

 

11,190

 

Vincent Tese

 Director

 

11,893

 

4,793

 

7,100

 

Robert F. Weinberg

 Director

 

537,245

 

4,793

 

532,452

 

Roy J. Zuckerberg

 Director

 

47,983

 

4,793

 

43,190

 

 

 

 

 

 

 

 

 

TOTAL:

 

6,047,430

 

137,269

 

5,910,161

 

 

(1)

Includes shares of common stock acquired not pursuant to any employee or director benefit plan, common stock underlying options and restricted stock granted pursuant to our 2004 Incentive Stock Plan (both vested and unvested), common stock underlying options granted pursuant to any other employee or director benefit plan, restricted stock granted under any other employee or director benefit plan, and common stock underlying common units of Mack-Cali Realty, L.P.

 

 

(2)

Includes all common stock underlying options granted and outstanding as of March 15, 2012 (both vested and unvested), and all restricted stock issued (both vested and unvested), pursuant to our 2004 Incentive Stock Plan.

 


 

(3)

Assumes all shares registered under this prospectus will be sold.

 

If and when a selling shareholder sells all of his shares of common stock registered under this Supplement, the following Selling Shareholders will own more than one percent of our common stock at March 15, 2012:

 

 

 

Percentage

 

Name

 

Ownership

 

William L. Mack

 

2.36

%

David S. Mack

 

2.23

%