4//SEC Filing
JONES CRAIG B 4
Accession 0001127602-11-005926
CIK 0000025232other
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 9:35 AM ET
Size
11.1 KB
Accession
0001127602-11-005926
Insider Transaction Report
Form 4
JONES CRAIG B
Executive Vice President
Transactions
- Disposition to Issuer
Common Stock
2011-02-16$8.55/sh−3,730$31,892→ 112,169 total - Exercise/Conversion
Common Stock
2011-02-16+3,730→ 115,899 total - Exercise/Conversion
Phantom Stock
2011-02-16−3,730→ 7,459 totalFrom: 2010-02-16Exp: 2013-02-16→ Common Stock (3,730 underlying)
Holdings
- 1,625(indirect: By Trust)
Common Stock
- 11,457(indirect: By Profit Sharing Plan)
Common Stock
Footnotes (3)
- [F1]Award of restricted stock units under Cousins Properties Incorporated (CPI) 2005 Restricted Stock Unit Plan. Each unit represents a right to receive a payment in cash equal to the average of the closing price of CPI's common stock on each trading day during the 30 day period ending on 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. Unforfeited shares held prior to vesting will earn dividends paid annually but will not have shareholder rights. All unvested shares will forfeit upon termination of employment.
- [F2]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.
- [F3]Includes 40,749 shares of restricted stock awarded under the CPI 1999 and 2009 Incentive Stock Plans. While the shares are being held prior to vesting, the reporting person will have the right to receive all cash dividends and to vote the restricted shares. All unvested shares will forfeit upon termination of employment.
Documents
Issuer
COUSINS PROPERTIES INC
CIK 0000025232
Entity typeother
Related Parties
1- filerCIK 0001231793
Filing Metadata
- Form type
- 4
- Filed
- Feb 16, 7:00 PM ET
- Accepted
- Feb 17, 9:35 AM ET
- Size
- 11.1 KB