SEC Form 4 · accession 0001209191-15-082126
HIGHWOODS PROPERTIES, INC. · HIW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin E Penn
Officer — SVP/Strategy & Admin
Period of report
Nov 20, 2015
Accepted (ET)
Nov 25, 2015 · 7:28 am 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 | Nov 20, 2015 | M | 1,153 | $37.71 | A | 26,373 | D | |
| Common Stock | Nov 20, 2015 | M | 1,373 | $32.00 | A | 27,746 | D | |
| Common Stock | Nov 20, 2015 | M | 680 | $33.93 | A | 28,426 | D | |
| Common Stock | Nov 20, 2015 | M | 1,158 | $36.50 | A | 29,584 | D | |
| Common Stock | Nov 20, 2014 | S | 4,364 | $44.00 | D | 25,220 | 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)F1 | $37.71 | Nov 20, 2015 | M | 1,153 | D | — | Feb 28, 2024 | Common Stock | 1,153 | 3,459 | D |
| Stock Options (right to buy)F1 | $32.00 | Nov 20, 2015 | M | 1,373 | D | — | Feb 28, 2019 | Common Stock | 1,373 | 1,374 | D |
| Stock Options (right to buy)F1 | $33.93 | Nov 20, 2015 | M | 680 | D | — | Feb 27, 2018 | Common Stock | 680 | 0 | D |
| Stock Options (right to buy)F1 | $36.50 | Nov 20, 2015 | M | 1,158 | D | — | Feb 28, 2020 | Common Stock | 1,158 | 2,315 | D |
Explanation of responses
- F1Options vest ratably over 4 years on March 1st of each year after the grant date.