Roper Pamela F 4
4 · COUSINS PROPERTIES INC · Filed Feb 21, 2023
Insider Transaction Report
Form 4
Roper Pamela F
EVP, General Counsel
Transactions
- Award
Common Stock
2023-02-16$26.16/sh+8,792$229,999→ 48,336 total - Sale
Common Stock
2023-02-17$25.77/sh−6,095$157,068→ 42,241 total
Footnotes (3)
- [F1]Award of restricted stock shares under the Cousins Properties Incorporated (CPI) 2019 Omnibus Incentive Stock Plan. These shares will vest equally over three years on each anniversary date of the grant. CPI will hold these shares until such shares become vested. 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.
- [F2]Includes 14,644 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.
- [F3]As noted in the Form 4 filing on 2/8/23, beginning with the February 3, 2020 RSU grants under the CPI Omnibus incentive Stock Plan, all outstanding performance and market based RSUs are now settled in stock, rather than cash. The reporting person disposed of shares equal in amount to a portion of the after tax number of shares awarded to the reporting person in connection with the vesting of the February 3, 2020 RSU grant, but the disposed shares consist solely of shares that had been owned by executive for more than two years.