COUSINS PROPERTIES INC — Director's Dealing 2018

Jun 1, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COUSINS PROPERTIES INC (CUZ)
CIK: 0000025232
Period of Report: 2018-05-30

Reporting Person: ADZEMA GREGG D (EVP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-30	Common Stock	M	15654	$6.39	Acquired	209776	Direct
2018-05-30	Common Stock	F	10653	$9.39	Disposed	199123	Direct
2018-05-30	Common Stock	M	13954	$6.39	Acquired	213077	Direct
2018-05-30	Common Stock	D	13954	$9.39	Disposed	199123	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-30	Stock Options (Right to Buy)	$6.39	M	15654	Disposed	2021-02-14	Common Stock (15654)	Direct
2018-05-30	Stock Options (Right to Buy)	$6.39	M	13954	Disposed	2021-02-14	Common Stock (13954)	Direct

Footnotes

F1: Includes 74,025 restricted stock awarded under the Cousins Properties Incorporated (CPI) 2009 Incentive Stock Plans. While the shares are being held prior to vesting, the reporting person will have the right to receive all cash dividends and to vote the restricted shares. All unvested shares will forfeit upon termination of employment.

F2: Represents shares previously held by the reporting person that were forfeited to pay the reporting person's exercise price of the stock options exercised, as permitted under the CPI 2009 Incentive Stock Plan.

F3: Pursuant to the terms of the grant, the reporting person elected to exercise the related stock appreciation right (SAR) rather than exercising the option to purchase common stock. As a result, no shares were issued in connection with this exercise of stock options.