CHAPMAN ROBERT M 4
4 · COUSINS PROPERTIES INC · Filed Jun 4, 2019
Insider Transaction Report
Form 4
CHAPMAN ROBERT M
Director
Transactions
- Award
Common Stock
2019-05-31$9.25/sh+9,729$89,993→ 72,049 total - Award
Common Stock
2019-05-31$8.60/sh+8,372$71,999→ 80,421 total
Footnotes (2)
- [F1]Option award was granted under the 2009 Incentive Stock Plan. Options will vest 25% per year on each anniversary of the grant date, so will be 100% vested in year 4 of the grant term. The reporting person may, as an alternative to exercising the stock option right to purchase the full allotment of CPI stock, elect a cashless exercise. The cashless exercise allows the reporting person to receive the number of whole shares of CPI stock equal to the difference between the fair market value of the stock on the date of exercise and the option price.
- [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.