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4//SEC Filing

COUSINS PROPERTIES INC 4

Accession 0001127602-14-006756

$CUZCIK 0000025232operating

Filed

Feb 17, 7:00 PM ET

Accepted

Feb 18, 3:25 PM ET

Size

8.9 KB

Accession

0001127602-14-006756

Insider Transaction Report

Form 4
Period: 2014-02-16
Transactions
  • Disposition to Issuer

    Common Stock

    2014-02-16$10.70/sh269$2,87843,633 total
  • Exercise/Conversion

    Common Stock

    2014-02-16$10.70/sh+269$2,87843,902 total
  • Exercise/Conversion

    Phantom Stock

    2014-02-162690 total
    Exercise: $0.00From: 2011-02-16Exp: 2014-02-16Common Stock (269 underlying)
Footnotes (2)
  • [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]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.

Issuer

COUSINS PROPERTIES INC

CIK 0000025232

Entity typeoperating
IncorporatedGA

Related Parties

1
  • filerCIK 0000025232

Filing Metadata

Form type
4
Filed
Feb 17, 7:00 PM ET
Accepted
Feb 18, 3:25 PM ET
Size
8.9 KB