HIGHWOODS PROPERTIES, INC. — Director's Dealing 2010

Jan 4, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HIGHWOODS PROPERTIES INC (HIW)
CIK: 0000921082
Period of Report: 2009-12-31

Reporting Person: KAPLAN LAWRENCE S (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-12-31	Phantom Stock	$	A	3.5	Acquired		Common Stock (3.5)	Direct
2009-12-31	Phantom Stock	$33.73	D	73.63	Disposed		Common Stock (73.63)	Direct

Footnotes

F1: Security converts to cash price of common stock on a one-for-one basis.

F2: Pursuant to Individual Payout Election form on file.

F3: There is no expiration date to payout election.