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: PETSAS WILLIAM D (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-02	Common Stock	A	3814	—	Acquired	129022	Direct
2016-03-02	Common Stock	F	226	$56.05	Disposed	128796	Direct
2016-03-02	Common Stock	A	2653	—	Acquired	131449	Direct
2016-03-02	Common Stock	F	196	$56.05	Disposed	131253	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, 763 restricted shares vested and the Reporting Person instructed the Company to withhold 226 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, 664 restricted shares vested and the Reporting Person instructed the Company to withhold 196 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 34,315 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.