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EASTGROUP PROPERTIES INC Director's Dealing 2009

Jan 6, 2009

30666_dirs_2009-01-05_0cd4d7d2-074b-4287-8d52-915a126e3396.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: 2009-01-01

Reporting Person: WOOD BRENT (Senior Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-01-01 Common Stock F 394 $35.58 Disposed 27934 Direct

Footnotes

F1: 1,706 restricted shares vested on January 1, 2009 and the Reporting Person elected to have the Company withhold shares to satisfy the Company's tax withholding obligation as permitted under the Company's 2004 Equity Incentive Plan, as amended.

F2: As of the date hereof, the Reporting Person's direct beneficial ownership includes 1,000 restricted shares granted under the Company's 1994 Management Incentive Plan, as amended, and 4,247 restricted shares granted under the Company's 2004 Equity Incentive Plan, as amended, that have not yet vested.