HIGHWOODS PROPERTIES, INC. — Director's Dealing 2011

Mar 10, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HIGHWOODS PROPERTIES INC (HIW)
CIK: 0000921082
Period of Report: 2011-03-08

Reporting Person: FRITSCH EDWARD J (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-08	Common Stock	M	50200	$26.27	Acquired	419707	Direct
2011-03-08	Common Stock	S	50200	$34.66	Disposed	369507	Direct
2011-03-09	Common Stock	M	4800	$26.27	Acquired	374307	Direct
2011-03-09	Common Stock	S	4800	$34.85	Disposed	369507	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-08	Stock Option (right to buy)	$26.27	M	50200	Disposed	2012-02-29	Common Stock (50200)	Direct
2011-03-08	Stock Option (right to buy)	$26.27	M	4800	Disposed	2012-02-29	Common Stock (4800)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	70	Indirect

Footnotes

F1: Represents the weighted average sale price. Sale prices range from $34.50- $34.91

F2: The reporting person upon request by the Commission staff, the issuer, or a security holder of the issuer, agrees to disclose full information regarding the number of shares sold at each separate price.

F3: The price represents the weighted average sale price for the transaction on this line. The sale price ranges from $34.85 - $34.87.

F4: Options vests ratably over 4 years on March 1st of each year after the grant date.