SEC Form 4 · accession 0001239944-17-000011
EASTGROUP PROPERTIES INC · EGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William D Petsas
Officer — Senior Vice President
Period of report
Jan 10, 2017
Accepted (ET)
Jan 11, 2017 · 4:38 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 | Jan 5, 2017 | G | 100 | — | D | 128,367 | D | |
| Common StockF2,F3 | Jan 10, 2017 | F | 1,221 | $74.11 | D | 127,146 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Bona fide gift of securities.
- F2On January 10, 2017, 2,600 restricted shares vested and the Reporting Person instructed the Company to withhold 1,221 shares to cover tax withholding obligations as permitted under the Company's 2004 Equity Incentive Plan, as amended.
- F3As of the date hereof, the Reporting Person's direct beneficial ownership includes 23,537 restricted shares granted under the Company's 2013 Equity Incentive Plan and the Company's 2004 Equity Incentive Plan, as amended, that have not yet vested.
Remarks
The securities listed as direct ownership are owned by the Reporting Person and his spouse as co-trustees for the Petsas Revocable Trust.