EASTGROUP PROPERTIES INC — Director's Dealing 2011

Dec 27, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EASTGROUP PROPERTIES INC (EGP)
CIK: 0000049600
Period of Report: 2011-12-27

Reporting Person: BAILEY H C JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-12-27	Common Stock	M	1000	$24.02	Acquired	9566	Direct
2011-12-27	Common Stock	M	2250	$26.60	Acquired	11816	Direct
2011-12-27	Common Stock	S	3250	$44.238	Disposed	8566	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-12-27	Stock Options	$24.02	M	1000	Disposed	2012-05-28	Common Stock (1000)	Direct
2011-12-27	Stock Options	$26.60	M	2250	Disposed	2013-05-28	Common Stock (2250)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.203 to $44.386, inclusive. The reporting person undertakes to provide to EastGroup Properties, Inc., any security holder of EastGroup Properties, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.