SEC Form 4 · accession 0001562180-18-003559
HIGHWOODS PROPERTIES, INC. · HIW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark F Mulhern
Officer — EVP/CFO
Period of report
Aug 8, 2018
Accepted (ET)
Aug 10, 2018 · 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 | Aug 8, 2018 | M | 8,078 | $43.55 | A | 81,780 | D | |
| Common Stock | Aug 8, 2018 | M | 6,063 | $39.20 | A | 87,843 | D | |
| Common StockF1 | Aug 8, 2018 | S | 14,141 | $49.96 | D | 73,702 | 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 | $43.55 | Aug 8, 2018 | M | 8,078 | D | — | Feb 28, 2026 | Common Stock | 8,078 | 16,154 | D |
| Employee Stock Option (right to buy)F2 | $39.20 | Aug 8, 2018 | M | 6,063 | D | — | Sep 29, 2024 | Common Stock | 6,063 | 0 | D |
Explanation of responses
- F1Represents the weighted average sale price. Sale prices range from $49.90 - $50.07.
- F2Options vest ratably over four years on March 1st of each year after the grant date.