HIGHWOODS PROPERTIES, INC. — Director's Dealing 2009

Dec 18, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HIGHWOODS PROPERTIES INC (HIW)
CIK: 0000921082
Period of Report: 2009-12-16

Reporting Person: HARRIS MICHAEL E (Executive Vice President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-12-16	Common Stock	M	10202	$29.48	Acquired	141587	Direct
2009-12-16	Common Stock	S	10202	$33.43	Disposed	131385	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-12-16	Stock Option (right to buy)	$29.48	M	10202	Disposed	2015-03-02	Common Stock (10202)	Direct

Footnotes

F1: The price represents the weighted average sale price for the transaction on this line. The sale price ranges from $33.37- $33.55.

F2: Reporting person upon request by the Commission staff, the issuer, or a security holder of the issuer, disclose full information regarding the number of shares purchased or sold at each separate price.

F3: Option vests ratably on the first through fourth anniversaries of grant date.