EASTGROUP PROPERTIES INC — Director's Dealing 2015

Mar 9, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: PETSAS WILLIAM D (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-03-05	Common Stock	A	5036	—	Acquired	124211	Direct
2015-03-05	Common Stock	F	302	$61.13	Disposed	123909	Direct
2015-03-05	Common Stock	A	3918	—	Acquired	127827	Direct
2015-03-05	Common Stock	F	293	$61.13	Disposed	127534	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, 1,008 restricted shares vested and the Reporting Person instructed the Company to withhold 302 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, 980 restricted shares vested and the Reporting Person instructed the Company to withhold 293 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 40,195 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.