SEC Form 4 · accession 0001239944-16-000003
EASTGROUP PROPERTIES INC · EGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David H Hoster II
Director
Period of report
Mar 2, 2016
Accepted (ET)
Mar 4, 2016 · 3:53 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000049600
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 2, 2016 | A | 12,446 | — | A | 229,887 | D | |
| Common StockF2 | Mar 2, 2016 | F | 5,222 | $56.05 | D | 224,665 | D | |
| Common StockF3 | Mar 2, 2016 | A | 8,658 | — | A | 233,323 | D | |
| Common StockF4 | Mar 2, 2016 | F | 3,632 | $56.05 | D | 229,691 | D | |
| Common StockF5 | holding | — | — | — | 50,000 | I | By Family Trust | |
| Common StockF6 | holding | — | — | — | 2,430 | I | Spouse | |
| Common Stock | holding | — | — | — | 750 | I | By IRA |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Award of shares as 2015 annual long-term incentive compensation pursuant to the Company's 2013 Equity Incentive Plan.
- F2In connection with the award of shares as 2015 long-term incentive compensation, the Reporting Person instructed the Company to withhold 5,222 shares to cover tax withholding obligations as permitted under the Company's 2013 Equity Incentive Plan.
- F3Award of shares as 2015 multi-year long-term incentive compensation pursuant to the Company's 2013 Equity Incentive Plan.
- F4In connection with the award of shares as 2015 multi-year long-term incentive compensation the Reporting Person instructed the Company to withhold 3,632 shares to cover tax withholding obligations as permitted under the Company's 2013 Equity Incentive Plan.
- F5These shares are held in a family trust for the benefit of the Reporting Person's children. The Reporting Person's spouse is trustee of the trust. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- F6The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.