SEC Form 4 · accession 0001127602-18-019537
COUSINS PROPERTIES INC · CUZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence L Gellerstedt III
Officer — CEO · Director · Other
Period of report
May 30, 2018
Accepted (ET)
Jun 1, 2018 · 4:44 pm 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 30, 2018 | M | 66,166 | $6.33 | A | 731,738 | D | |
| Common StockF1 | May 30, 2018 | F | 54,383 | $9.39 | D | 677,355 | D | |
| Common Stock | holding | — | — | — | 1,660 | 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
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy) | $6.33 | May 30, 2018 | M | 66,166 | D | Feb 16, 2010 | Feb 16, 2019 | Common Stock | 66,166 | 0 | D |
Explanation of responses
- F1Includes 195,594 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.
- F2Shares withheld from the vesting of restricted stock to pay the reporting person's tax liability as permitted under the 2009 Incentive Stock Plan.