4//SEC Filing
Ellis James T 4
Accession 0001127602-12-006845
CIK 0000025232other
Filed
Feb 20, 7:00 PM ET
Accepted
Feb 21, 7:27 AM ET
Size
10.0 KB
Accession
0001127602-12-006845
Insider Transaction Report
Form 4
Transactions
- Exercise/Conversion
Common Stock
2012-02-16$7.40/sh+833$6,164→ 22,020 total - Disposition to Issuer
Common Stock
2012-02-16$7.40/sh−833$6,164→ 21,187 total - Exercise/Conversion
Phantom Stock
2012-02-16−833→ 835 totalExercise: $0.00From: 2010-02-16Exp: 2013-02-16→ Common Stock (833 underlying)
Holdings
- 6,098(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 19,682 shares of restricted stock awarded under the CPI 2009 Incentive Stock Plan. 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 0001507272
Filing Metadata
- Form type
- 4
- Filed
- Feb 20, 7:00 PM ET
- Accepted
- Feb 21, 7:27 AM ET
- Size
- 10.0 KB