EASTGROUP PROPERTIES INC 4
4 · EASTGROUP PROPERTIES INC · Filed Mar 6, 2017
Insider Transaction Report
Form 4
CORKERN BRUCE
Senior Vice President
Transactions
- Tax Payment
Common Stock
2017-03-02$74.80/sh−257$19,224→ 57,131 total - Award
Common Stock
2017-03-02+4,370→ 61,501 total - Tax Payment
Common Stock
2017-03-02$74.80/sh−494$36,951→ 61,007 total - Award
Common Stock
2017-03-02+2,832→ 57,388 total
Footnotes (5)
- [F1]Award of restricted shares as 2016 annual long-term incentive compensation pursuant to the Company's 2013 Equity Incentive Plan. These restricted shares vest one-fifth on the date of grant and one-fifth on each of January 1, 2018, 2019, 2020 and 2021.
- [F2]On March 2, 2017, 567 restricted shares vested and the Reporting Person instructed the Company to withhold 257 shares to cover tax withholding obligations as permitted under the Company's 2013 Equity Incentive Plan.
- [F3]Award of restricted shares as 2016 multi-year long-term incentive compensation pursuant to the Company's 2013 Equity Incentive Plan. These restricted shares vest one-fourth on the date of grant and one-fourth on each of January 1, 2018, 2019 and 2020.
- [F4]On March 2, 2017, 1093 restricted shares vested and the Reporting Person instructed the Company to withhold 494 shares to cover tax withholding obligations as permitted under the Company's 2013 Equity Incentive Plan.
- [F5]As of the date hereof, the Reporting Person's direct beneficial ownership includes 10,442 restricted shares granted under the Company's 2013 Equity Incentive Plan that have not yet vested.