SEC Form 4 · accession 0001562180-17-002285
HIGHWOODS PROPERTIES, INC. · HIW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Theodore J Klinck
Officer — EVP/COO/CIO
Period of report
Jun 15, 2017
Accepted (ET)
Jun 16, 2017 · 4:16 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 | Jun 15, 2017 | M | 1,681 | $43.55 | A | 63,194 | D | |
| Common Stock | Jun 15, 2017 | M | 1,084 | $36.50 | A | 64,278 | D | |
| Common Stock | Jun 15, 2017 | M | 2,873 | $37.71 | A | 67,151 | D | |
| Common Stock | Jun 15, 2017 | M | 4,362 | $45.61 | A | 71,513 | D | |
| Common StockF1 | Jun 15, 2017 | S | 10,000 | $52.51 | D | 61,513 | 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 | Jun 15, 2017 | M | 4,362 | D | — | Feb 27, 2025 | Common Stock | 4,362 | 8,723 | D |
| Employee Stock Option (right to buy)F2 | $43.55 | Jun 15, 2017 | M | 1,681 | D | — | Feb 28, 2026 | Common Stock | 1,681 | 30,895 | D |
| Employee Stock Option (right to buy)F2 | $37.71 | Jun 15, 2017 | M | 2,873 | D | — | Feb 28, 2024 | Common Stock | 2,873 | 2,873 | D |
| Employee Stock Option (right to buy)F2 | $36.50 | Jun 15, 2017 | M | 1,084 | D | — | Feb 28, 2020 | Common Stock | 1,084 | 0 | D |
Explanation of responses
- F1Represents the weighted average sale price. Sale prices range from $52.50 - $52.55.
- F2Options vest ratably over four years on March 1st of each year after the grant date.