EASTGROUP PROPERTIES INC — Director's Dealing 2012

Jan 3, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EASTGROUP PROPERTIES INC (EGP)
CIK: 0000049600
Period of Report: 2012-01-01

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-01	Common Stock	F	5124	—	Disposed	288700	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2430	Indirect
Common Stock	750	Indirect

Footnotes

F1: On January 1, 2012, 16,290 restricted shares vested and the Reporting Person instructed the Company to withhold 5,124 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 42,386 restricted shares granted under the Company's 2004 Equity Incentive Plan, as amended, that have not yet vested.