EASTGROUP PROPERTIES INC — Director's Dealing 2013

Mar 12, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EASTGROUP PROPERTIES INC (EGP)
CIK: 0000049600
Period of Report: 2013-03-08

Reporting Person: COLEMAN JOHN F (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-03-08	Common Stock	A	4524	—	Acquired	106826	Direct
2013-03-08	Common Stock	F	259	$57.23	Disposed	106567	Direct
2013-03-08	Common Stock	A	6279	—	Acquired	112846	Direct
2013-03-08	Common Stock	F	450	$57.23	Disposed	112396	Direct

Footnotes

F1: Award of restricted shares as 2012 annual long-term incentive compensation pursuant to the Company's 2004 Equity Incentive Plan, as amended. These restricted shares vest one-fifth on the date of grant, one-fifth on each of January 1, 2014, 2015 2016 and 2017.

F2: On March 8, 2013, 905 restricted shares vested and the Reporting Person instructed the Company to withhold 259 shares to cover tax withholding obligations as permitted under the Company's 2004 Equity Incentive Plan, as amended.

F3: Award of restricted shares as 2012 multi-year long-term incentive compensation pursuant to the Company's 2004 Equity Incentive Plan, as amended. These restricted shares vest one-fourth on the date of grant, and one-fourth on each of January 1, 2014, 2015 and 2016.

F4: On March 8, 2013, 1,570 restricted shares vested and the Reporting Person instructed the Company to withhold 450 shares to cover tax withholding obligations as permitted under the Company's 2004 Equity Incentive Plan, as amended.

F5: As of the date hereof, the Reporting Person's direct beneficial ownership includes 44,010 restricted shares granted under the Company's 2004 Equity Incentive Plan, as amended, that have not yet vested.