HIGHWOODS PROPERTIES, INC. — Director's Dealing 2009

Oct 1, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HIGHWOODS PROPERTIES INC (HIW)
CIK: 0000921082
Period of Report: 2009-09-29

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-09-29	Common Stock	M	22549	$26.27	Acquired	153934	Direct
2009-09-29	Common Stock	S	22549	$31.72	Disposed	131385	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-09-29	Stock Options (right to buy)	$26.27	M	22549	Disposed	2012-02-29	Common Stock (22549)	Direct
2009-09-30	Phantom Stock	$	A	41.97	Acquired		Common Stock (41.97)	Direct

Footnotes

F1: 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.

F2: The price represents the weighted average sale price for the transaction on this line. The sale price ranges from $31.64 - $31.80.

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

F4: Security converts to cash price of common stock on a one-for-one basis.

F5: Pursuant to Individual Payout Election form on file.

F6: There is no expiration date to payout election.