4//SEC Filing
Hicks Jane Kennedy 4
Accession 0001562180-23-001133
CIK 0000025232other
Filed
Feb 7, 7:00 PM ET
Accepted
Feb 8, 5:22 PM ET
Size
12.7 KB
Accession
0001562180-23-001133
Insider Transaction Report
Form 4
Hicks Jane Kennedy
EVP, Chief Investment Officer
Transactions
- Award
Common Stock
2023-02-06$26.41/sh+8,150$215,242→ 22,934 total - Tax Payment
Common Stock
2023-02-06$26.41/sh−2,459$64,942→ 20,475 total - Tax Payment
Common Stock
2023-02-03$27.07/sh−292$7,904→ 14,784 total
Footnotes (4)
- [F1]Shares withheld from the vesting of restricted stock to pay the reporting person's tax liability as permitted under the Cousins Properties Incorporated(CPI) 2009 Incentive Stock Plan and 2019 Omnibus Incentive Stock Plan.
- [F2]Includes 6,198 of restricted stock awarded under the CPI 2019 Omnibus Incentive Stock Plan. While the shares are being held prior to vesting, the reporting person will have the right to receive all cash dividends and to vote the restricted shares. All unvested shares will forfeit upon termination of employment.
- [F3]Settlement in shares related to Restricted Stock Units (RSUs) granted under the CPI 2019 Omnibus Incentive Stock Plan. These RSUs were granted February 3, 2020, and represent a right to receive, at settlement, one share of common stock. The RSUs "cliff" vested at the end of the three-year performance period ending on December 31, 2022, subject to achievement of certain previously disclosed performance conditions. Performance achievement was approved by CPI's Board of Directors on February 6, 2023. Prior to vesting, the RSUs accumulate dividend equivalent units (DEU) equal to the dividends that would have been received had the reporting person owned shares during the period. The value of these DEUs settle in company stock. Company grants of RSUs prior to February 3, 2020 were settled in cash.
- [F4]Shares withheld from the settlement of RSUs to pay the reporting person's tax liability as permitted under the CPI 2019 Omnibus Incentive Stock Plan.
Issuer
COUSINS PROPERTIES INC
CIK 0000025232
Entity typeother
Related Parties
1- filerCIK 0001830534
Filing Metadata
- Form type
- 4
- Filed
- Feb 7, 7:00 PM ET
- Accepted
- Feb 8, 5:22 PM ET
- Size
- 12.7 KB