EASTGROUP PROPERTIES INC — Director's Dealing 2017

Mar 6, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EASTGROUP PROPERTIES INC (EGP)
CIK: 0000049600
Period of Report: 2017-03-02

Reporting Person: WOOD BRENT (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-02	Common Stock	A	5619	—	Acquired	106445	Direct
2017-03-02	Common Stock	F	472	$74.80	Disposed	105973	Direct
2017-03-02	Common Stock	A	4816	—	Acquired	110789	Direct
2017-03-02	Common Stock	F	505	$74.80	Disposed	110284	Direct

Footnotes

F1: Award of restricted shares as 2016 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, 2018, 2019, 2020 and 2021.

F2: On March 2, 2017, 1,124 restricted shares vested and the Reporting Person instructed the Company to withhold 472 shares to cover tax withholding obligations as permitted under the Company's 2013 Equity Incentive Plan.

F3: Award of restricted shares as 2016 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, 2018, 2019 and 2020.

F4: On March 2, 2017, 1,204 restricted shares vested and the Reporting Person instructed the Company to withhold 505 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 31,873 restricted shares granted under the Company's 2013 Equity Incentive Plan and the Company's 2004 Equity Incentive Plan that have not yet vested.