SEC Form 4 · accession 0001127602-16-054354
COUSINS PROPERTIES INC · CUZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
S Taylor Glover
Director · Other
Period of report
May 31, 2016
Accepted (ET)
Jun 2, 2016 · 11:10 am EDT
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 StockF1 | May 31, 2016 | A | 7,035 | $10.66 | A | 475,702 | D | |
| Common StockF2 | May 31, 2016 | A | 9,803 | $10.20 | A | 485,505 | D | |
| Common StockF3 | holding | — | — | — | 5,565 | I | By Stg Partners LLC | |
| Common StockF4 | holding | — | — | — | 5,565 | I | By Wife |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Portion of the 2016-2017 director annual retainer was paid in stock under the Cousins Properties Incorporated 2009 Incentive Stock Plan. For the purpose of determining the number of shares granted, the value of the Corporation's common stock is equal to the average closing price on each trading day during the 30 calendar day period ending May 31, 2016.
- F2Stock granted in lieu of cash for director's fees under the Cousins Properties Incorporated 2009 Incentive Stock Plan (2009 Plan). Under the 2009 Plan, the price is 95% of the closing price on the day of issuance.
- F3Shares held by STG Partners LLC. The reporting person serves as CEO of STG Partners LLC.
- F4Shares held by the reporting person's wife.