ANDERSON GENE H 4
4 · HIGHWOODS PROPERTIES INC · Filed May 15, 2013
Insider Transaction Report
Form 4
ANDERSON GENE H
DirectorSr. Vice President
Transactions
- Conversion
Common Stock
2013-05-13$40.25/sh+60,000$2,415,000→ 123,947 total(indirect: By Partnership) - Conversion
O.P. Units
2013-05-13−60,000→ 659,211 total→ Common Stock (60,000 underlying)
Holdings
- 64,777
Common Stock
- 3,897(indirect: By Spouse)
Common Stock
- 659,211
O.P. Units
Footnotes (1)
- [F1]The reporting person redeemed 60,000 units of limited partnership interest ("Units") of Highwoods Realty Limited Partnership, of which the issuer is the general partner. Units are redeemable for an equal number of shares of the issuer's Common Stock or, at the election of the issuer, cash equal to the fair market value of such shares. The issuer elected to redeem the reporting person's Units with Common Stock in a transaction exempt from Section 16(b) of the Exchange Act. The per share price reflects the closing price of shares of Common Stock as of May 10, 2013.