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COUSINS PROPERTIES INC — Director's Dealing 2007
Dec 10, 2007
31058_dirs_2007-12-10_5bbc9a62-ce4b-4295-a8dd-4e9bba94407f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: COUSINS PROPERTIES INC (CUZ)
CIK: 0000025232
Period of Report: 2007-12-06
Reporting Person: BELL THOMAS D JR (Director, Chairman and CEO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2007-12-06 | Stock Options (Right to buy) | $24.27 | A | 152976 | Acquired | 2017-12-06 | Common Stock (152976) | Direct |
Footnotes
F1: These options were granted under the 1999 Incentive Stock Plan. These options will vest 25% per year on the anniversary of the grant date, with shares being 100% vested in year 4 of the grant term. The reporting person may, as an alternative to exercising the stock option right to purchase CPI stock, elect to exercise the related Stock Appreciation Right (SAR). The exercise of the SAR allows the reporting person to receive the number of whole shares of CPI stock equal to the difference between the fair market value of the stock on the date of exercise and the option price.