HIGHWOODS PROPERTIES, INC. — Director's Dealing 2008

Mar 4, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HIGHWOODS PROPERTIES INC (HIW)
CIK: 0000921082
Period of Report: 2008-03-01

Reporting Person: Reames W Brian (Sr. Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-03-03	Common Stock	A	6342	—	Acquired	27401	Direct
2008-03-01	Common Stock	F	925	$29.48	Disposed	26476	Direct
2008-03-03	Common Stock	F	1028	$29.38	Disposed	25448	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-03-03	Stock Options (right to buy)	$29.48	A	13766	Acquired	2015-03-02	Common Stock (13766)	Direct

Footnotes

F1: Restricted stock is granted by the Company and not purchased by the reporting person.

F2: In accordance with the terms of the initial restricted stock award and in connection with the vesting of the award, the reporting person tendered a portion of the restricted stock award to the issuer in satisfaction of his tax liabilities.

F3: Option vests ratably over four years on March 1st