SEC Form 4 · accession 0001127602-18-019549
COUSINS PROPERTIES INC · CUZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John D Harris Jr.
Officer — Senior Vice President
Period of report
May 30, 2018
Accepted (ET)
Jun 1, 2018 · 5:03 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 StockF2 | May 30, 2018 | M | 15,568 | $6.33 | A | 54,635 | D | |
| Common StockF2 | May 30, 2018 | D | 15,568 | $9.39 | D | 39,067 | D |
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)F1 | $6.33 | May 30, 2018 | M | 15,568 | D | Feb 16, 2010 | Feb 16, 2019 | Common Stock | 15,568 | 0 | D |
Explanation of responses
- F1Pursuant to the terms of the grant, the reporting person elected to exercise the related stock appreciation right (SAR) rather than exercising the option to purchase Cousins Properties Inc. stock. As a result, no shares were issued in the transaction.
- F2Includes 13,322 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.