SEC Form 4 · accession 0001209191-15-022624
HIGHWOODS PROPERTIES, INC. · HIW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Douglas Miller
Officer — SVP/General Counsel & Sec.
Period of report
Mar 2, 2015
Accepted (ET)
Mar 4, 2015 · 8:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000921082
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 2, 2015 | M | 3,600 | $33.93 | A | 74,965 | D | |
| Common Stock | Mar 2, 2015 | M | 7,382 | $36.50 | A | 82,347 | D | |
| Common Stock | Mar 2, 2015 | M | 3,676 | $37.71 | A | 86,023 | D | |
| Common Stock | Mar 2, 2015 | M | 4,378 | $32.00 | A | 90,401 | D | |
| Common StockF1,F2 | Mar 2, 2015 | S | 19,036 | $46.13 | D | 71,365 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $33.93 | Mar 2, 2015 | M | 3,600 | D | — | Feb 27, 2018 | Common Stock | 3,600 | 0 | D |
| Stock Option (right to buy)F3 | $32.00 | Mar 2, 2015 | M | 4,378 | D | — | Feb 27, 2019 | Common Stock | 4,378 | 4,377 | D |
| Stock Option (right to buy)F3 | $36.50 | Mar 2, 2015 | M | 7,382 | D | — | Feb 28, 2020 | Common Stock | 7,382 | 7,381 | D |
| Stock Option (right to buyF3 | $37.71 | Mar 2, 2015 | M | 3,676 | D | — | Feb 28, 2024 | Common Stock | 3,676 | 11,028 | D |
Explanation of responses
- F1Represents the weighted average sale price. Sale prices range from $46.12- $46.14
- F2The reporting person upon request by the Commission staff, the issuer, or a security holder of the issuer, agrees to disclose full information regarding the number of shares sold at each separate price.
- F3Options vest ratably over 4 years on March 1st of each year after the grant date.