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EASTGROUP PROPERTIES INC — Director's Dealing 2009
Jan 6, 2009
30666_dirs_2009-01-05_18b693c8-b00e-440d-a019-ae6750f2f7b7.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: 2008-12-31
Reporting Person: PETSAS WILLIAM D (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2008-12-31 | Common Stock | F | 304 | $35.58 | Disposed | 55071 | Direct |
| 2009-01-01 | Common Stock | F | 491 | $35.58 | Disposed | 54580 | Direct |
Footnotes
F1: 6,969 restricted shares vested on December 31, 2008 and an additional 1,706 restricted shares vested on January 1, 2009. In connection with each respective vesting date, the Reporting Person elected to have the Company withhold shares to satisfy the Company's tax withholding obligation as permitted under the Company's 1994 Management Incentive Plan, as amended and the Company's 2004 Equity Incentive Plan, as amended.
F2: As of the date hereof, the Reporting Person's direct beneficial ownership includes 3,000 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.