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EASTGROUP PROPERTIES INC Director's Dealing 2012

Jan 3, 2012

30666_dirs_2012-01-03_e651b1e6-e2aa-411f-aadf-f020ad205e63.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: 2012-01-01

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-01-01 Common Stock F 1530 Disposed 124530 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 7678 Indirect

Footnotes

F1: On January 1, 2012, 8,083 restricted shares vested and the Reporting Person instructed the Company to withhold 1,530 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 22,078 restricted shares granted under the Company's 2004 Equity Incentive Plan, as amended, that have not yet vested.