SEC Form 4 · accession 0001209191-16-143000
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
Sep 26, 2016
Accepted (ET)
Sep 28, 2016 · 4:17 pm EDT
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 | Sep 26, 2016 | M | 4,214 | $45.61 | A | 70,329 | D | |
| Common StockF1 | Sep 26, 2016 | S | 4,214 | $52.52 | D | 66,115 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $45.61 | Sep 26, 2016 | M | 4,214 | D | — | Feb 27, 2025 | Common Stock | 4,214 | 12,643 | D |
Explanation of responses
- F1Represents the weighted average sale price. Sale prices range from $52.50 - $52.60.
- F2Options vest ratably over 4 years on March 1st of each year after the grant date.