4//SEC Filing
Yenser Steven V 4
Accession 0001127602-09-025193
CIK 0000025232other
Filed
Dec 14, 7:00 PM ET
Accepted
Dec 15, 4:11 PM ET
Size
18.2 KB
Accession
0001127602-09-025193
Insider Transaction Report
Form 4
Transactions
- Exercise/Conversion
Common Stock
2009-12-11+769→ 4,826 total - Exercise/Conversion
Common Stock
2009-12-11+451→ 4,508 total - Exercise/Conversion
Phantom Stock
2009-12-11−769→ 769 totalExercise: $0.00From: 2007-12-11Exp: 2010-12-11→ Common Stock (769 underlying) - Exercise/Conversion
Phantom Stock
2009-12-11−451→ 902 totalExercise: $0.00From: 2008-12-11Exp: 2011-12-11→ Common Stock (451 underlying) - Disposition to Issuer
Common Stock
2009-12-11$7.48/sh−769$5,752→ 4,057 total - Disposition to Issuer
Common Stock
2009-12-11$7.48/sh−451$3,373→ 4,057 total - Award
Common Stock
2009-12-11$7.27/sh+50$364→ 4,107 total - Award
Common Stock
2009-12-11$7.27/sh+8$58→ 720.751 total(indirect: By Profit Sharing Plan)
Footnotes (4)
- [F1]Restricted stock units were granted under the Cousins Properties Incorporated 2005 Restricted Stock Unit Plan (the 2005 RSU Plan) and have vested as to 25% of the total units granted. As required under the 2005 RSU Plan, the vested units were settled for cash from CPI. Each restricted stock unit is the economic equivalent of one share of CPI common stock.
- [F2]Shares of common stock acquired as a result of the elective stock dividend paid on December 11, 2009. Shareholders elected, pursuant to the terms of the Prospectus Supplement filed November 5, 2009 ("Supplement"), to receive the dividend in all or partial stock. If all stock was elected, shareholders received their entire dividend in stock. If partial stock was elected, shareholders received approximately $0.0575 of the $0.09 dividend in stock. The value of the shares distributed is $7.2733 per share which were valued at the average closing price on December 1, 2, and 3, 2009 pursuant to the terms of the Supplement.
- [F3]Shares held by the reporting person as beneficiary in the Company's Profit Sharing Plan.
- [F4]Award of restricted stock units under the 2005 RSU Plan. Each unit represents a right to receive a payment in cash equal to the fair market value of one share of CPI's common stock as of the date payment is due under the plan. These units will vest 25% per year on each anniversary date of the grant, with units being 100% vested in year 4 of the grant term. While the shares are being held prior to vesting, the reporting person will have the right to receive all cash dividends but will not have shareholder rights. All unvested shares will forfeit upon termination of employment.
Documents
Issuer
COUSINS PROPERTIES INC
CIK 0000025232
Entity typeother
Related Parties
1- filerCIK 0001453423
Filing Metadata
- Form type
- 4
- Filed
- Dec 14, 7:00 PM ET
- Accepted
- Dec 15, 4:11 PM ET
- Size
- 18.2 KB