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EASTGROUP PROPERTIES INC Director's Dealing 2015

Mar 9, 2015

30666_dirs_2015-03-09_cff680ab-7f3d-4b5a-9ed9-ba5c0c4ac65d.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EASTGROUP PROPERTIES INC (EGP)
CIK: 0000049600
Period of Report: 2015-03-05

Reporting Person: WOOD BRENT (Senior Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-03-05 Common Stock A 5184 Acquired 104121 Direct
2015-03-05 Common Stock F 256 $61.13 Disposed 103865 Direct
2015-03-05 Common Stock A 4033 Acquired 107898 Direct
2015-03-05 Common Stock F 250 $61.13 Disposed 107648 Direct

Footnotes

F1: Award of restricted shares as 2014 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, 2016, 2017, 2018 and 2019.

F2: On March 5, 2015, 1,037 restricted shares vested and the Reporting Person instructed the Company to withhold 256 shares to cover tax withholding obligations as permitted under the Company's 2013 Equity Incentive Plan.

F3: Award of restricted shares as 2014 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, 2016, 2017 and 2018.

F4: On March 5, 2015, 1,009 restricted shares vested and the Reporting Person instructed the Company to withhold 250 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 39,028 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.