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EASTGROUP PROPERTIES INC — Director's Dealing 2016
Mar 4, 2016
30666_dirs_2016-03-04_97f216dd-47b2-47d0-a85f-98f4287cdc8d.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: 2016-03-02
Reporting Person: HOSTER DAVID H II (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-03-02 | Common Stock | A | 12446 | — | Acquired | 229887 | Direct |
| 2016-03-02 | Common Stock | F | 5222 | $56.05 | Disposed | 224665 | Direct |
| 2016-03-02 | Common Stock | A | 8658 | — | Acquired | 233323 | Direct |
| 2016-03-02 | Common Stock | F | 3632 | $56.05 | Disposed | 229691 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 50000 | Indirect |
| Common Stock | 2430 | Indirect |
| Common Stock | 750 | Indirect |
Footnotes
F1: Award of shares as 2015 annual long-term incentive compensation pursuant to the Company's 2013 Equity Incentive Plan.
F2: In connection with the award of shares as 2015 long-term incentive compensation, the Reporting Person instructed the Company to withhold 5,222 shares to cover tax withholding obligations as permitted under the Company's 2013 Equity Incentive Plan.
F3: Award of shares as 2015 multi-year long-term incentive compensation pursuant to the Company's 2013 Equity Incentive Plan.
F4: In connection with the award of shares as 2015 multi-year long-term incentive compensation the Reporting Person instructed the Company to withhold 3,632 shares to cover tax withholding obligations as permitted under the Company's 2013 Equity Incentive Plan.
F5: These shares are held in a family trust for the benefit of the Reporting Person's children. The Reporting Person's spouse is trustee of the trust. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F6: The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.