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EASTGROUP PROPERTIES INC — Director's Dealing 2021
Feb 19, 2021
30666_dirs_2021-02-19_ff9b8408-8e2d-4c7c-a358-ee3d0c64000b.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: 2021-02-17
Reporting Person: COLEMAN JOHN F (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-17 | Common Stock | A | 2873 | — | Acquired | 95164 | Direct |
| 2021-02-17 | Common Stock | A | 2778 | — | Acquired | 97942 | Direct |
| 2021-02-17 | Common Stock | F | 1488 | $142.89 | Disposed | 96454 | Direct |
Footnotes
F1: Issuance of restricted shares upon the satisfaction of the performance goals in connection with the 2018 long-term incentive program. These restricted shares were awarded pursuant to the Issuer's 2013 Equity Incentive Plan, as amended, and vest three-fourths on the performance goal certification date (February 17, 2021) and one-fourth on January 1, 2022.
F2: Issuance of restricted shares upon the satisfaction of the performance goals in connection with the 2020 annual incentive program. These restricted shares were awarded pursuant to the Issuer's 2013 Equity Incentive Plan, as amended, and vest one-third on the performance goal certification date (February 17, 2021) and one-third on each of January 1, 2022 and 2023.
F3: On February 17, 2021, 3,298 restricted shares vested and the Reporting Person instructed the Issuer to withhold 1,488 shares to cover tax withholding obligations as permitted under the Issuer's 2013 Equity Incentive Plan, as amended.