SEC Form 4 · accession 0001127602-18-019817
COUSINS PROPERTIES INC · CUZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John S McColl
Officer — Executive Vice President
Period of report
May 31, 2018
Accepted (ET)
Jun 4, 2018 · 5:19 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 31, 2018 | M | 23,058 | $5.32 | A | 160,489 | D | |
| Common StockF1 | May 31, 2018 | M | 32,425 | $6.33 | A | 192,914 | D | |
| Common StockF1 | May 31, 2018 | M | 17,619 | $6.39 | A | 210,533 | D | |
| Common StockF1 | May 31, 2018 | F | 53,230 | $9.39 | D | 157,303 | D | |
| Common Stock | holding | — | — | — | 14,333 | I | By Profit Sharing Plan |
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) | $5.32 | May 31, 2018 | M | 23,058 | D | Feb 15, 2011 | Feb 15, 2020 | Common Stock | 23,058 | 0 | D |
| Stock Options (Right to Buy) | $6.33 | May 31, 2018 | M | 32,425 | D | Feb 16, 2010 | Feb 16, 2019 | Common Stock | 32,425 | 0 | D |
| Stock Options (Right to Buy) | $6.39 | May 31, 2018 | M | 17,619 | D | Feb 14, 2012 | Feb 14, 2021 | Common Stock | 17,619 | 0 | D |
Explanation of responses
- F1Includes 28,890 shares of restricted stock awarded under the 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.
- F2In payment of the exercise price, the reporting person delivered 46,763 shares. 6,467 shares withheld to pay the reporting person's tax liability and related exercise price of the underlying stock options as permitted under the CPI 2009 Incentive Stock Plan.