4//SEC Filing
COUSINS PROPERTIES INC 4
Accession 0001127602-13-019276
$CUZCIK 0000025232operating
Filed
Jun 3, 8:00 PM ET
Accepted
Jun 4, 3:04 PM ET
Size
20.0 KB
Accession
0001127602-13-019276
Insider Transaction Report
Form 4
Glover S Taylor
DirectorOther
Transactions
- Award
Common Stock
2013-05-31$10.86/sh+4,604$49,999→ 365,111 total - Exercise/Conversion
Common Stock
2013-06-01+595→ 375,910 total - Exercise/Conversion
Phantom Stock
2013-06-01−2,546→ 0 totalFrom: 2013-06-01Exp: 2013-06-01→ Common Stock (2,546 underlying) - Award
Common Stock
2013-05-31$9.80/sh+10,204$99,999→ 375,315 total - Disposition to Issuer
Common Stock
2013-06-01$10.86/sh−595$6,462→ 375,315 total - Exercise/Conversion
Common Stock
2013-06-01+2,546→ 377,861 total - Exercise/Conversion
Phantom Stock
2013-06-01−595→ 0 totalFrom: 2010-06-01Exp: 2013-06-01→ Common Stock (595 underlying) - Disposition to Issuer
Common Stock
2013-06-01$10.86/sh−2,546$27,650→ 375,315 total
Holdings
- 5,565(indirect: By Stg Partners Lp)
Common Stock
- 5,565(indirect: By Spouse)
Common Stock
Footnotes (7)
- [F1]Half of the 2013-2014 director annual retainer was paid in stock under the Cousins Properties Incorporated 2009 Incentive Stock Plan. For the purpose of determining the number of shares granted, the value of the Corporation's common stock is equal to the average closing price on each trading day during the 30 calendar day period ending May 31, 2013.
- [F2]Stock granted in lieu of cash for director's fees under the Cousins Properties Incorporated 2009 Incentive Stock Plan (2009 Plan). Under the 2009 Plan, the price is 95% of the closing price on the day of issuance.
- [F3]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.
- [F4]Restricted stock units were granted under the Cousins Properties Incorporated 2005 Restricted Stock Unit Plan (the 2005 RSU Plan) and have vested as to 100% 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.
- [F5]Shares held by STG Partners LP. The reporting person serves as CEO of STG Partners LP's general partner, STG Management Co. LLC.
- [F6]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 separation from service as a member of the Board.
- [F7]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 100% on the third anniversary of the grant date. Unforfeited shares held prior to vesting will earn dividends paid annually but will not have shareholder rights. All unvested shares will forfeit upon separation from service as a member of the Board.
Documents
Issuer
COUSINS PROPERTIES INC
CIK 0000025232
Entity typeoperating
IncorporatedGA
Related Parties
1- filerCIK 0000025232
Filing Metadata
- Form type
- 4
- Filed
- Jun 3, 8:00 PM ET
- Accepted
- Jun 4, 3:04 PM ET
- Size
- 20.0 KB