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: LOEB MARSHALL A (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-02	Common Stock	A	13846	—	Acquired	31431	Direct
2017-03-02	Common Stock	F	1253	$74.80	Disposed	30178	Direct
2017-03-02	Common Stock	A	11868	—	Acquired	42046	Direct
2017-03-02	Common Stock	F	1342	$74.80	Disposed	40704	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, 2,770 restricted shares vested and the Reporting Person instructed the Company to withhold 1,253 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, 2,967 restricted shares vested and the Reporting Person instructed the Company to withhold 1,342 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 25,356 restricted shares granted under the Company's 2013 Equity Incentive Plan that have not yet vested.