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: CORKERN BRUCE (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-03-06	Common Stock	A	2555	—	Acquired	50284	Direct
2014-03-06	Common Stock	F	154	$61.96	Disposed	50130	Direct
2014-03-06	Common Stock	A	3599	—	Acquired	53729	Direct
2014-03-06	Common Stock	F	270	$61.96	Disposed	53459	Direct

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 and one-fifth on each of January 1, 2015, 2016, 2017 and 2018.

F2: On March 6, 2014, 511 restricted shares vested and the Reporting Person instructed the Company to withhold 154 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 and one-fourth on each of January 1, 2015, 2016 and 2017.

F4: On March 6, 2014, 900 restricted shares vested and the Reporting Person instructed the Company to withhold 270 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 16,269 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.