HIGHWOODS PROPERTIES INC 4
4 · HIGHWOODS PROPERTIES INC · Filed Mar 4, 2014
Insider Transaction Report
Form 4
HARRIS MICHAEL E
Executive Vice President & COO
Transactions
- Tax Payment
Common Stock
2014-03-01−4,316→ 116,495 total - Award
Common Stock
2014-02-28+15,110→ 120,811 total - Award
Stock Option (right to buy)
2014-02-28$37.71/sh+20,483$772,414→ 20,483 totalExercise: $37.71Exp: 2024-02-28→ Common Stock (20,483 underlying) - Disposition to Issuer
Common Stock
2014-03-01−2,085→ 114,410 total
Footnotes (4)
- [F1]Restricted stock is granted by the Company and not purchased by the reporting person.
- [F2]In accordance with the terms of the initial restricted stock award and in connection with the vesting of the award, the reporting person tendered a portion of the restricted stock award to the issuer in satisfaction of his tax liabilities.
- [F3]Represents the number of shares forfeited under the Company's Long-Term Incentive Plan - Total Shareholder Return Plan because the Company achieved above threshold, but not target, levels of performance relative to predetermined goals.
- [F4]Options vest ratably over 4 years on March 1st of each year after the grant date.