EASTGROUP PROPERTIES INC — Director's Dealing 2023

Feb 17, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EASTGROUP PROPERTIES INC (EGP)
CIK: 0000049600
Period of Report: 2023-02-15

Reporting Person: LOEB MARSHALL A (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-15	Common Stock	A	9880	—	Acquired	111275	Direct
2023-02-15	Common Stock	A	6268	—	Acquired	117543	Direct
2023-02-15	Common Stock	F	4539	$168.90	Disposed	113004	Direct

Footnotes

F1: Issuance of restricted shares upon the satisfaction of the performance goals in connection with the 2020 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 15, 2023) and one-fourth on January 1, 2024.

F2: Issuance of restricted shares upon the satisfaction of the performance goals in connection with the 2022 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 15, 2023) and one-third on each of January 1, 2024 and 2025.

F3: On February 15, 2023, 10,234 restricted shares vested and the Reporting Person instructed the Issuer to withhold 4,539 shares to cover tax withholding obligations as permitted under the Issuer's 2013 Equity Incentive Plan, as amended.