EASTGROUP PROPERTIES INC — Director's Dealing 2013

Mar 11, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EASTGROUP PROPERTIES INC (EGP)
CIK: 0000049600
Period of Report: 2013-03-07

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-03-07	Common Stock	A	14068	—	Acquired	240662	Direct
2013-03-07	Common Stock	F	912	$56.89	Disposed	239750	Direct
2013-03-07	Common Stock	A	19630	—	Acquired	259380	Direct
2013-03-07	Common Stock	F	1590	$56.89	Disposed	257790	Direct

Holdings (Non-Derivative)

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

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 and 2015 and the remainder of the restricted shares vest January 1, 2016.

F2: On March 7, 2013, 2,814 restricted shares vested and the Reporting Person instructed the Company to withhold 912 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 7, 2013, 4,908 restricted shares vested and the Reporting Person instructed the Company to withhold 1,590 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 71,503 restricted shares granted under the Company's 2004 Equity Incentive Plan, as amended, that have not yet vested.

F6: 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.

F7: The Reporting Person disclaims beneficial ownership 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.