HIGHWOODS PROPERTIES, INC. — Director's Dealing 2009

Dec 3, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HIGHWOODS PROPERTIES INC (HIW)
CIK: 0000921082
Period of Report: 2009-12-01

Reporting Person: ADLER THOMAS W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-12-01	Common Stock	M	10000	$22.75	Acquired	45839	Direct
2009-12-01	Common Stock	S	10000	$31.36	Disposed	35839	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-12-01	Stock Option (right to buy)	$22.75	M	10000	Disposed	2010-01-30	Common Stock (10000)	Direct

Footnotes

F1: Represents the weighted average sale price. Sale prices range from $31.35 - $31.3917

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.