EASTGROUP PROPERTIES INC — Director's Dealing 2012

Dec 21, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EASTGROUP PROPERTIES INC (EGP)
CIK: 0000049600
Period of Report: 2012-12-19

Reporting Person: HOSTER DAVID H II (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-19	Common Stock	F	7344	$53.24	Disposed	226594	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	52911	Indirect
Common Stock	2430	Indirect
Common Stock	750	Indirect

Footnotes

F1: On December 19, 2012, 23,356 restricted shares vested and the Reporting Person instructed the Company to withhold 7,344 shares to cover tax withholding obligations 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 45,527 restricted shares granted under the Company's 2004 Equity Incentive Plan, as amended, that have not yet vested.

F3: These shares are held in a family trust for the benefit of the Reporting Person's children. The Reporting Person's spouse is trustee of the trust. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

F4: The Reporting Person disclaims beneficial ownesrhip of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.