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EASTGROUP PROPERTIES INC Director's Dealing 2009

Aug 27, 2009

30666_dirs_2009-08-27_872d510f-389c-47a6-9b5f-a733eaeb3b97.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EASTGROUP PROPERTIES INC (EGP)
CIK: 0000049600
Period of Report: 2009-08-25

Reporting Person: MCKEY N KEITH (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-08-25	Common Stock	G	1300	—	Disposed	108341	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6828	Indirect

Footnotes

F1: Bona fide gift of securities.

F2: As of the date hereof, the Reporting Person's direct beneficial ownership includes 6,000 restricted shares granted under the Company's 1994 Management Incentive Plan, as amended, and 21,839 restricted shares granted under the Company's 2004 Equity Incentive Plan, as amended, that have not yet vested.

F3: Includes an additional 228 shares acquired under the Company's Dividend Reinvestment Plan.