SEC Form 4 · accession 0001239944-17-000037
EASTGROUP PROPERTIES INC · EGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marshall A Loeb
Officer — President and CEO · Director
Period of report
May 10, 2017
Accepted (ET)
May 12, 2017 · 6:17 pm EDT
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,F2 | May 10, 2017 | A | 2,539 | — | A | 43,243 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Award of time-based restricted shares pursuant to the Company's 2013 Equity Incentive Plan. These restricted shares vest one-fourth on the date the Company's Compensation Committee approves the satisfaction of the 2017 performance goals and one-fourth on each of January 1, 2019, 2020 and 2021.
- F2As of the date hereof, the Reporting Person's direct beneficial ownership includes 27,895 restricted shares granted under the Company's 2013 Equity Incentive Plan that have not yet vested. Does not include any restricted shares granted as annual or long-term incentive awards that are subject to continuing performance goals.