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HIGHWOODS PROPERTIES, INC. Director's Dealing 2009

Mar 3, 2009

31273_dirs_2009-03-03_0be027c6-3c79-4806-b596-5c82ca6f343d.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: Miller Jeffrey Douglas (General Counsel & Sec.)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-03-01 Common Stock A 18878 Acquired 40098 Direct
2009-03-01 Common Stock F 502 Disposed 39596 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 36970 Acquired 2016-02-29 Common Stock (36970) Direct

Footnotes

F1: Restricted stock is granted by the Company and not purchased by the reporting person.

F2: 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.

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