HIGHWOODS PROPERTIES, INC. — Director's Dealing 2009

Sep 23, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HIGHWOODS PROPERTIES INC (HIW)
CIK: 0000921082
Period of Report: 2009-09-21

Reporting Person: KAPLAN LAWRENCE S (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-09-21	Common Stock	M	5000	$21.69	Acquired	14625	Direct
2009-09-21	Common Stock	S	5000	$32.27	Disposed	9625	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-09-21	Stock Option s (right to buy)	$21.69	M	5000	Disposed	2010-11-15	Common Stock (5000)	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 $32.26 - $32.30.

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