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EASTGROUP PROPERTIES INC Director's Dealing 2012

Feb 22, 2012

30666_dirs_2012-02-22_0d4f8c2e-b883-467c-a35b-37e4c406de3a.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: 2012-02-17

Reporting Person: MCKEY N KEITH (Executive Vice President & CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-02-17 Common Stock S 10000 $50.414 Disposed 113939 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 7769 Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.076 to $50.618, 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.

F2: As of the date hereof, the Reporting Person's direct beneficial ownership includes 22,078 restricted shares granted under the Company's 2004 Equity Incentive Plan, as amended, that have not yet vested.