EASTGROUP PROPERTIES INC — Director's Dealing 2016

Mar 4, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EASTGROUP PROPERTIES INC (EGP)
CIK: 0000049600
Period of Report: 2016-03-02

Reporting Person: WOOD BRENT (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-02	Common Stock	A	3934	—	Acquired	108392	Direct
2016-03-02	Common Stock	F	191	$56.05	Disposed	108201	Direct
2016-03-02	Common Stock	A	2737	—	Acquired	110938	Direct
2016-03-02	Common Stock	F	167	$56.05	Disposed	110771	Direct

Footnotes

F1: Award of restricted shares as 2015 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, 2017, 2018, 2019 and 2020.

F2: On March 2, 2016, 787 restricted shares vested and the Reporting Person instructed the Company to withhold 191 shares to cover tax withholding obligations as permitted under the Company's 2013 Equity Incentive Plan.

F3: Award of restricted shares as 2015 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, 2017, 2018 and 2019.

F4: On March 2, 2016, 685 restricted shares vested and the Reporting Person instructed the Company to withhold 167 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 33,661 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.