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EASTGROUP PROPERTIES INC Director's Dealing 2021

Feb 19, 2021

30666_dirs_2021-02-19_0af6364b-e5b1-4b33-8610-1305eb51a0df.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: WOOD BRENT (Executive Vice President & CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-02-17 Common Stock A 3627 Acquired 96365 Direct
2021-02-17 Common Stock A 4065 Acquired 100430 Direct
2021-02-17 Common Stock F 1980 $142.89 Disposed 98450 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, 4,463 restricted shares vested and the Reporting Person instructed the Issuer to withhold 1,980 shares to cover tax withholding obligations as permitted under the Issuer's 2013 Equity Incentive Plan, as amended.