EASTGROUP PROPERTIES INC — Director's Dealing 2014

Mar 10, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EASTGROUP PROPERTIES INC (EGP)
CIK: 0000049600
Period of Report: 2014-03-06

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-03-06	Common Stock	A	7410	—	Acquired	139126	Direct
2014-03-06	Common Stock	F	669	$61.96	Disposed	138457	Direct
2014-03-06	Common Stock	A	5975	—	Acquired	144432	Direct
2014-03-06	Common Stock	F	674	$61.96	Disposed	143758	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8385	Indirect

Footnotes

F1: Award of restricted shares as 2013 annual long-term incentive compensation pursuant to the Company's 2013 Equity Incentive Plan. These restricted shares vest one-fifth on the date of grant, one-fifth on each of January 1, 2015 and 2016 and the remainder of the restricted shares vest April 6, 2016.

F2: On March 6, 2014, 1,482 restricted shares vested and the Reporting Person instructed the Company to withhold 669 shares to cover tax withholding obligations as permitted under the Company's 2013 Equity Incentive Plan.

F3: Award of restricted shares as 2013 multi-year long-term incentive compensation pursuant to the Company's 2013 Equity Incentive Plan. These restricted shares vest one-fourth on the date of grant, one-fourth on each of January 1, 2015 and 2016 and the remainder of the resticted shares vest April 6, 2016.

F4: On March 6, 2014, 1,494 restricted shares vested and the Reporting Person instructed the Company to withhold 674 shares to cover tax withholding obligations as permitted under the Company's 2013 Equity Incentive Plan.

F5: As of the date hereof, the Reporting Person's direct beneficial ownership includes 33,736 restricted shares granted under the Company's 2013 Equity Incentive Plan and the Company's 2004 Equity Incentive Plan, as amended, that have not yet vested.