e424b3
Filed Pursuant to Rule 424(b)(3)
Registration No. 333-100244
Prospectus Supplement No. 2
To Reoffer Prospectus, Dated April 18, 2008
of
MACK-CALI REALTY CORPORATION
Relating to
799,290 Shares of Common Stock
          This prospectus supplement, dated March 12, 2010 (this “Supplement”), supplements our reoffer prospectus filed as part of our Post Effective Amendment No. 4 to Registration Statement on Form S-8 dated April 18, 2008, and supplemented by the prospectus supplement dated July 2, 2009 (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 2000 Employee Stock Option Plan or our Amended and Restated 2000 Director Stock Option Plan (collectively, the “Plans”). This Supplement presents certain information regarding the ownership of our common stock by the Selling Shareholders as of March 12, 2010, and updates the number of shares of our common stock available for resale by each Selling Shareholder pursuant to the Plans. 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 March 10, 2010 was $34.25 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, 2009 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 March 12, 2010

 

 

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 2000 Employee Stock Option Plan or our Amended and Restated 2000 Director Stock Option 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 12, 2010. 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 12, 2010, and supersedes and replaces the table of Selling Shareholders, and the related footnotes, contained in the Prospectus.
                         
    Number of   Number of   Number of
    Shares Owned   Shares   Shares to Be
    Prior to   Registered   Owned After
Name and Position With Us   Offering(1)   Hereby(2)   Offering(3)
William L. Mack
     3,307,074       11,190       3,295,884  
Chairman of the Board
                        
 
                        
Mitchell E. Hersh
     501,063       263,947       237,116  
Chief Executive Officer and Director
                        
 
                        
Barry Lefkowitz
     195,474       119,753       75,721  
Executive Vice President and Chief Financial Officer
                        
 
                        
Roger W. Thomas
     147,577       79,845       67,732  
Executive Vice President, General Counsel and Secretary
                        
 
                        
Michael A. Grossman
     123,817       121,817       2,000  
Executive Vice President
                        
 
                        
Mark Yeager(4)
     93,023       87,958       5,065  
Executive Vice President
                        
 
                        
Martin S. Berger
     523,502       1,970       521,532  
Director
                        
 
                        
Alan S. Bernikow
     15,690       15,690       0  
Director
                        
 
                        
John R. Cali
     301,726       11,190       290,536  
Director
                        
 
                        
Kenneth M. Duberstein
     14,690       14,690       0  
Director
                        
 
                        
Nathan Gantcher
     40,690       11,190       29,500  
Director
                        
 
                        
David S. Mack
     2,044,437       12,490       2,031,947  
Director
                        
 
                        
Alan G. Philibosian
     26,690       11,190       15,500  
Director
                        
 
                        
Irvin D. Reid
     11,190       11,190       0  
Director
                        
 
                        
Vincent Tese
     9,070       9,070       0  
Director
                        

 

 

                         
    Number of   Number of   Number of
    Shares Owned   Shares   Shares to Be
    Prior to   Registered   Owned After
Name and Position With Us   Offering(1)   Hereby(2)   Offering(3)
Robert F. Weinberg
     537,452       4,920       532,532  
Director
                        
 
                        
Roy J. Zuckerberg
     53,190       11,190       42,000  
Director
                        
 
                        
 
                        
Total
     7,946,355       799,290       7,147,065  
 
                        
 
(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 2000 Employee Stock Option Plan and our Amended and Restated 2000 Director Stock Option 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, preferred units (as converted into common units), and vested warrants to acquire common stock.
 
(2)   Includes all common stock underlying options granted and outstanding as of March 12, 2010 (both vested and unvested), and all restricted stock issued, pursuant to our 2000 Employee Stock Option Plan and our Amended and Restated 2000 Director Stock Option Plan.
 
(3)   Assumes all shares registered under this prospectus will be sold.
 
(4)   On March 10, 2010, Mr. Yeager notified the Company of his intention to voluntarily resign as executive vice president of the Company. Mr. Yeager’s resignation, which is without good reason under the terms and conditions of his employment agreement with the Company, shall be effective on March 26, 2010.
     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 12, 2010:
         
    Percentage
Name   Ownership
William L. Mack
     4.01 %
David S. Mack
     2.52 %