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COUSINS PROPERTIES INC — Director's Dealing 2018
May 18, 2018
31058_dirs_2018-05-18_2d834a83-91f6-4955-a4f0-57a2df57149e.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: COUSINS PROPERTIES INC (CUZ)
CIK: 0000025232
Period of Report: 2018-04-24
Reporting Person: STONE R DARY (Director)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 127463 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Options (Right to Buy) | $6.33 | 2019-02-16 | Common Stock (54490) | Direct | |
| Stock Options (Right to Buy) | $6.22 | 2021-03-02 | Common Stock (1345) | Direct |
Footnotes
F1: These options were granted under the 2009 Incentive Stock Plan. These options will vest 25% per year on each anniversary date of the grant, 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.
F2: These options were granted under the 2009 Incentive Stock Plan. These options are fully vested on the grant date. The reporting person may, as an alternative to exercising the stock option right to purchase the full allotment of CPI stock, elect a cashless exercise. The cashless exercise 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.