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HIGHWOODS PROPERTIES, INC. — Director's Dealing 2009
Mar 3, 2009
31273_dirs_2009-03-03_eafc958e-7177-4e47-b3f3-a616849ffb4e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: HIGHWOODS PROPERTIES INC (HIW)
CIK: 0000921082
Period of Report: 2009-02-27
Reporting Person: STEVENS TERRY L (VP, CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2009-03-01 | Common Stock | A | 24796 | — | Acquired | 106393 | Direct |
| 2009-02-27 | Common Stock | A | 3596 | — | Acquired | 109989 | Direct |
| 2009-03-01 | Common Stock | F | 5735 | — | Disposed | 104254 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2009-03-01 | Stock Option (right to buy) | $18.89 | A | 48557 | Acquired | 2016-02-29 | Common Stock (48557) | Direct |
Footnotes
F1: Restricted stock is granted by the Company and not purchased by the reporting person.
F2: Restricted stock is granted by the Company and not purchased by the reporting person. Represents shares earned by reporting person by obtaining predermined goals under the SVP and PSP Long Term Incentive Plans.
F3: 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.
F4: Option vests ratably on the first through fourth anniversaries of grant date.