SEC Form 4 · accession 0001127602-16-038998
COUSINS PROPERTIES INC · CUZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence L Gellerstedt III
Officer — President & CEO
Period of report
Jan 29, 2016
Accepted (ET)
Feb 2, 2016 · 3:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000025232
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Jan 29, 2016 | A | 65,574 | $0.00 | A | 485,646 | D | |
| Common StockF4 | Jan 30, 2016 | F | 7,935 | $8.62 | D | 477,711 | D | |
| Common Stock | holding | — | — | — | 1,665 | I | By Profit Sharing Plan | |
| Common Stock | holding | — | — | — | 50 | I | By Spouse | |
| Common Stock | holding | — | — | — | 500 | I | By Irrevocable Trust | |
| Common Stock | holding | — | — | — | 1,000 | I | By Irrevocable Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Award of restricted stock shares under the Cousins Properties Incorporated (CPI) 2009 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. All unvested shares will forfeit upon termination of employment.
- F2Includes 144,305 restricted stock awarded under the Cousins Properties Incorporated (CPI) 2009 Incentive Stock Plans. 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.
- F3Shares withheld from the vesting of restricted stock to pay the reporting person's tax liability as permitted under the 2009 Incentive Stock Plan.
- F4Includes 121,505 of restricted stock awarded under the Cousins Properties Incorporated (CPI) 2009 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.