ORR L GLENN JR 4
4 · HIGHWOODS PROPERTIES INC · Filed Dec 26, 2012
Insider Transaction Report
Form 4
ORR L GLENN JR
Director
Transactions
- Purchase
Common Stock
2012-12-21$33.48/sh+14,948$500,459→ 30,453 total - Sale
Common Stock
2012-12-21$33.47/sh−14,948$500,310→ 15,505 total
Footnotes (2)
- [F1]Per share sale prices ranged from $33.42 to $33.54 and per share purchase prices ranged from $33.41 to $33.54 per share. The issuer has reviewed short-swing profit liability rules with the reporting person. Although the weighted average per share purchase price of $33.48 exceeded the weighted average per share sales price of $33.47 with respect to all of the sales and purchases on a combined basis, the reporting person understands that he may be deemed to have engaged in transactions resulting in a "profit" in the amount of $279.22 pursuant to the matching rules under Section 16(b) of the Securities Exchange Act of 1934. As a result, arrangements have been made with the reporting person for the return to the issuer of these "profits."
- [F2]Reporting person upon request by the Commission staff, the issuer, or a security holder of the issuer, will disclose full information regarding the number of shares purchased or sold at each separate price.